I said in the other thread it might be start of the end for $
Emergency rate hike is needed
Anyway -3% tomorrow at least for stocks
Yen will be below 120 in the morning
OK who should I blame that 1 Euro costs almost twice more than 6 years ago?
Who should I blame for a budget deficit is a half of trillion?
And I don't want to mention Iraq as a major financial blackhole
Adminstration and Bush responsible for what happens in this country
whilser,
expensive oil is good for stocks only because of one reason - inflations is not controlled any more. Fed prints like crazy - and all those money find their way into markets
Zimmbabwe is the best market this year.
Do you know why?
USA can join them soon
I don't agree.
I think
Higher bond yields= Chinese don't agree for yields lower than inflation and buy stocks= Fed will have to raise=Chinese will buy bonds again= longs will loose if they don't take profits
I guess all those leverage purchases is the next subprime. Bonds get junk ratings from the very beginning
What can help here is only hyperinflation which will clear all debt.
the artice starts with - Prices are rising
Do you really thinks it's preparing to a rate cut?
Today dollar will probably hit a new low to Euro.
Real inflation is around 10%.
Rate cut will be devastating. Beiing on hold is devastting.
Economy cant rely on a consumer anymore. Real...
does the market believe false inflation numbers?
Or Fed just printed more money and gave it to the government so others have no choice but get lower interest?
Yield was inverted because of manipulators like GS who promised 3 rate cuts although any thinking creature can understand Fed cant cut when inflation is 0.7% Mom
It's almost 10% YoY
and it's official numbers
So Fed must hike at least to 12-13%
Anybody here from Canada?
Will portfolio margin will be available for Canadian any time soon?
any info?
I'd earn $150 additional guaranteed
why Canada so slow?