Al Franken Does Mick Jagger
By Barry Ritholtz - January 9th, 2009, 8:15PM
Your New Senator from Minnesota!
"While money doesn't buy love, it puts you in a great bargaining position." —Anonymous
Macro Notes
US$ rally continuesPeter Boockvar
Asian currencies continue to sell off vs the $ on the heels of the news yesterday that South Korea said they will look into hot money inflows stemming from the $ carry trade and the Bank of Indonesia said they are looking into the foreign buying of bills. This follows the news a few weeks ago that Taiwan was limiting foreign deposit holdings and Brazil was taxing foreign inflow transactions. As I mentioned yesterday, we may have reached a short term pain threshold in terms of $ weakness and foreign countries are fighting back as they certainly won't wait for...
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January 9th, 2009 at 11:09 pm
For some reason I actually “feel” better having someone like Al Franken as U.S. senator than the “typical” political personae. Humorists can actually have better insights into the “issues of the day” than most.
Perhaps this is the great revolution of our day….happening in Minnesota…home to Jesse “the Body” Ventura and Al Franken….displacing empty suits like Norm Coleman.