Which market is going to be prominent in 2008?
I'm wondering if anyone can help out of the commodities, Forex & credit & interest rates market which one is going to be prominent in 2008?
I'm wondering if anyone can help out of the commodities, Forex & credit & interest rates market which one is going to be prominent in 2008?
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Obviously given my username, im somewhat biased in my response. But id say currencies are going to be big in the coming year. The moving away from riskier products where dollar yen seems to be a nice proxy relative to riskier assets (i.e. S&P 500), worst case scenario people freak out, yen rallies through the 100 level. With the Fed in a cutting cycle, how does that affect the dollar going forward, are we going to see EUR above the 1.50 handle? Can the Fed afford to cut rates aggresively without making inflation explode? Those are some of the things im looking at
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