Park: Deflation is Back in Play; Government Money Did Not Work; Long TLT and USD

The great Danielle Park was interviewed by BNN today. As always, she was great and right on. Some of her points:

• German ban on naked short selling is a desperate stroke; government intervention on the markets does not work
  
• It's being done because politicians wnat to be popular (defending the Euro)
  
• Debt is the real problem
  
• She is long USD, TLT


• Risk assets are being sold


• Shanghai is the canary in the global cola mine; it peaked in August


• TLT is saying the deflation is back in play. All the money governments threw at the economy did not work


• 40 states have aannounced job cuts (to balance budgets)


• Moving away from oil, gold, China, Canada

watch video

Ms. Park is the author of the great book "Juggling Dynamite", reviewed and recommended here on April 7.