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Monday, August 10, 2009

Stockwtits TV

Stocktwits.tv Just found this site last week. While the name suggests a stock focus there is still a benefit to forex traders. MacroTwits with Gregor Macdonald is a very interesting weekly show about the overall macroeconomic situation for the U.S. During yesterday's show he mentioned that there is a possibility of the U.S. Dollar becoming a "funding currency" like the Yen has been for a while. I believe that he means the Greenback will have such a low interest rate for such a long time, like the Yen, that people will start doing a carry trade with it to fund other investments. Quite an interesting idea.

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