Views given by Trend Calls Team
This blog is all about Technical power in Stocks. Contact details Mob :- +918360326304 E.mail :- mehrashantanu@gmail.com
Saturday, August 28, 2010
International Issues for next week
As said Trend Calls Team is posting on International Issues that matters. Federal Reserve Chairman Ben S. Bernanke said the U.S. central bank “will do all that it can” to ensure a continuation of the economic recovery and that more securities purchases may be warranted if growth slows. What does that means in technical terms is that they will increase the money supply & in consequence will try to bolster the economy. But we have few ? for Mr Bernanke. If money supply could have solved the problems we do not think Japan would had been here where it is now. In our view Dollar is on dooms day scenario with pauses in between. Now Japan will join America in their effort to create excess liquidity. We think for some period of time they can inflate commodities but real test depends upon consumption & and thats quite some time away.
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