Bullboard - Stock Discussion Forum iShares 1-10 Year Laddered Government Bond Idx ETF T.CLG

The investment objective of the Fund is to replicate, to the extent possible, the performance of the FTSE Canada 1-10 Year Laddered Government Bond Index the Index, net of expenses. The Fund uses an indexing strategy to achieve its investment objective. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through... see more

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iShares 1-10 Year Laddered Government Bond Idx ETF > Much cheaper dollar.

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Post by nagyonokos4 on May 05, 2005 12:53pm

Much cheaper dollar.

Dollar myth. by: glaciernine 05/05/05 10:35 am Msg: 535164 of 535171 Does the dollar 'strengthen' when, as Warren Buffett pointed out to Lou Dobbs last night, after 29 consecutive years of trade deficits we now are at 6% of GDP (& 3,6% on budget deficit). With a current $618 billion trade deficit, THEY (foreigners) are buying our assets (the T-bonds that we create out of air) to the tune of $2 BILLION/DAY to keep the tontine rolling. What if they stop buying? (Note much smaller foreign percentage in last T-bond auction) What if China gives in to Congress's threats of a 27 1/2% tax on Chinese imports and revalues or floats the Yuan? Ain't gonna be a strong dollar. Even as y'all don't fight the market, you don't fight Govt. policy & the latter wants a much cheaper dollar!