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The US Capital Markets are a Fine Kettle of Fish - August 25, 2008

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Uploaded by on Aug 26, 2008

The Bond Conundrum continues. Should Fannie and Freddie be bailed out? Gold, Crude Oil and Euro are topping out. The major equity averages are a kettle of fish. Watch the weekly and monthly charts for the Dow Industrials.

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  • in Captain Francis Grose's Dictionary of the Vulgar Tongue of 1811, it's explained like this: "When a person has perplexed his affairs in general, or any particular business, he is said to have made a fine kettle of fish of it".

  • I agree. It'll take a while, and the ETF's such as USO aren't helping the situation - but I definitely see sub-$100 oil again. I prefer to just get rid of all Commodity ETF's, as they as skewing the proper speculative process.

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