Tuesday, April 7, 2009

Updates Again

Today the FED Fund rate is +0.15%. Money flow starts to recycle back to FED through both private and public sector purchases. The market still lacks the confidence.

Meanwhile, corporate bonds stand still at around 7.30% yield.

Gold price is already only 882.3USD/ounce.

So are other raw materials and yen, even Euros.

Apparently the previous reb0und starts to loss some momentum, or at least the "work done" that boosted it to the existing level.

Actually, the softening price of commodities can be fortold by BDI.

Now lets see if my former little estimation will be realized or not.

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