Thursday, October 28, 2010

There is no distance on this earth as far away as yesterday (Robert Nathan)….

What is the latest Big Mac Index telling us?  Buy Malayasia, Thailand, Russia, Singapore? 

It would seem that all of these surplus countries will have higher surpluses once the Fed’s QEII is rolling, and all (other than Singapore) will have higher priced commodity outputs……will we be looking back in a year at how cheap a burger was in these countries….?

Economist Big Mac Index