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Mervin:
You can try these, I do not know if this will help you.
www.ustreas.gov/tic
www.fms.treas.gov/fmsnews.html
Norman E.
Mervin Yeung wrote:
>
> Hi,
>
> Thanks for the following excellent post! This is the high quality reply
> that I have been waiting for.
>
> I dare not short any European or Japanese equity markets when interest
> rates are cut and money supply increases. My belief that capital flows
> from Europe and Japan to the US does not mean that there is a shortage
> of liquidity in Europe and Japan BECAUSE ECB's rate cut and Japanese
> loose monetary policy are creating more money and credit. I am poor at
> gathering data so I don't have current data on the amount of capital
> flow. Does any RT know any good site on internet that contains
> international economic data? (US data is easy to find. Other nations'
> are difficult. )
>
> Mervin
>
> BOTTrader@xxxxxxx wrote:
> >
> > Your FFEE of the last few months does not appear to be correct. You say that
> > "money will be driven OUT of Europe and Japan during the period from March
> > thru present..... and INTO THE US"..... implying that you switched your
> > trades out of Europe and Asia and Into the U.S. Markets..... WELL, lets
> > see.....
> >
> > 1) In Stock markets: The FTSE has equally performed vs. the SPX, The DAX
> > has at least equalled the SPX since April 1, The EAFE index as a whole has
> > equalled the SPX, The Eurotop 100 has equalled or bettered the SPX, and the
> > Nikkei and most of the rest of Asia have been substantially stronger than the
> > SPX..... SO, I hope you didn't short those markets to take a position in the
> > U.S. !
> >
> > 2) In Bond Markets: Gilts and Bunds have equally performed vs. US 30 Yrs,
> > and the Japanese Govt. Bond has been about the strongest major developed
> > nation bond during the period of your trading.
> >
> > >From a fundamental standpoint, I would analyze the period since mid-March a
> > little differently: The rest of the world needed a bond rally more than we
> > did.... There was a little confusion when Japan announced it's policy of
> > accomodation in March, but after that cleared, bond markets around the globe
> > rallied (with Japan LEADING).... this major world bond rally I feel is a big
> > part of the ensuing stock rallies globally (including the SPX). But it was
> > not, I don't believe, a case of money LEAVING Europe, Asia, and elsewhere and
> > flowing here, as your post seems to forecast (though at the time your
> > forecast was as good as any since even the best forecast has only slightly
> > more than 50% likelihood).
> >
> > By the way, I don't knock fundamental trading, but IMHO, it still has to be
> > applied with some consistency..... i.e. in a systematic fashion, using the
> > same basic framework of analysis, and is a tremendous adjunct to technical
> > systems.
> >
> > one persons viewpoint.
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