TSX:TECK.A - Post by User
Comment by
ellgaron Mar 30, 2011 11:41am
216 Views
Post# 18361153
RE: ''ellgar'',,,,,
RE: ''ellgar'',,,,,Good job on the hedging strategy.
My concern is this recent 8 month rally has been driven by fed POMO pumping an average of $5 billion a day into treasuries that no doubt ends up in the stock and commodities market.
What happens when POMP ends in June and interest rates start to rise and the USD rises with it?
Do we have a slow gradual decline or a double dip sell off?