{"id":544918,"date":"2010-04-27T15:51:25","date_gmt":"2010-04-27T19:51:25","guid":{"rendered":"http:\/\/www.businessinsider.com\/does-the-global-imbalance-matter-yet-2010-4"},"modified":"2010-04-27T15:51:25","modified_gmt":"2010-04-27T19:51:25","slug":"does-the-global-imbalance-matter-yet-did-ken-fisher-just-ring-the-bell","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/544918","title":{"rendered":"Does the Global Imbalance Matter Yet? Did Ken Fisher Just Ring the Bell?"},"content":{"rendered":"

(This is a guest post from the author’s blog<\/a>.)<\/em><\/p>\n

With the Obama administration and most of mainstream media singing the praises of a recovery that is really nothing more than governments around the globe throwing unsustainable amounts of “stimulus” money at various problems, I am wondering when the global imbalances finally start to matter.<\/p>\n

Was today the day?<\/p>\n

Here are some charts to consider.<\/p>\n

Gold Up, Silver and Nonprecious Metals Down<\/span><\/p>\n

<\/a><\/p>\n

Energy Sector Down<\/span><\/p>\n

<\/a><\/p>\n

Financials Up<\/span><\/p>\n

<\/a>

US Dollar, Yen Rally<\/span><\/p>\n

<\/a><\/p>\n

European Equities Hammered<\/span><\/p>\n

<\/a><\/p>\n

Asian Equities Down, China Leads the Way<\/span><\/p>\n

<\/a><\/p>\n

US Equities Down<\/span><\/p>\n

<\/a><\/p>\n

Analysis
<\/span>
Today’s action is certainly a flight to safety phenomenon with gold, US treasuries, and the US dollar all rallying strongly with nearly everything else selling off.<\/p>\n

Silver is primarily an industrial metal, while gold is best viewed as money or a currency. Moreover the entire energy complex took a hit.<\/p>\n

Another One Day Wonder?<\/span><\/p>\n

Inquiring minds are no doubt asking if this is another one day wonder, buy the dip decline, or the start of something far more serious.<\/p>\n

I do not know nor does anyone else. What I do know is risk is high, risk-reward is skewed to the downside, and if this recovery was real it would show in housing, jobs, and termination of global stimulus plans.<\/p>\n

Instead housing is in the dumps, the official unemployment rate is near 10%, and in spite of massive property bubbles in China, the China Business Newspaper says Another $586 billion “Stimulus” Coming to China<\/a>.<\/p>\n

Meanwhile, Ken Fisher is a huge fan of emerging markets and tells the bears to “Get In Before It’s Too Late<\/a>“.<\/p>\n

Get in before it’s too late?!<\/span><\/p>\n

Flashback: December 13, 2005: It’s Too Late<\/a><\/p>\n

I think it’s too late.
In fact I know it’s too late.
How do I know?
The following Email I received tonight should explain it nicely.
When you see stuff like this, not only is it too late, it’s way too late.<\/p>\n

<\/a><\/p>\n<\/blockquote>\n

Did Ken Fisher just ring the bell?
Time will tell.<\/p>\n

Join the conversation about this story »<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

(This is a guest post from the author’s blog.) With the Obama administration and most of mainstream media singing the praises of a recovery that is really nothing more than governments around the globe throwing unsustainable amounts of “stimulus” money at various problems, I am wondering when the global imbalances finally start to matter. Was […]<\/p>\n","protected":false},"author":524,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-544918","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/544918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/524"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=544918"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/544918\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=544918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=544918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=544918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}