Black Every Day?
- Thread starter nitro
- Start date
The USD index a stones throw from 100. If Italy etc have their own exit from the EU, as I have opined before EUR.USD will go to .85, with the USD index probably at 120.
What is really interesting to me are the contradictions: If Trump really believes in "illegal" currency manipulation e.g., China, and he believes the FED is keeping rates artificially low, the only thing he can do is tariffs, and that game can be played by both sides. The only thing left is for the central bank to sell massive amounts of dollars to weaken it. But in a higher rate environment?
Unless there is a magic trick in there somewhere, both of those things can't be true at the same time. Sounds like a Soros/Bank of England all over again.
I think my head would explode trying to understand the dynamics in that scenario.
What is really interesting to me are the contradictions: If Trump really believes in "illegal" currency manipulation e.g., China, and he believes the FED is keeping rates artificially low, the only thing he can do is tariffs, and that game can be played by both sides. The only thing left is for the central bank to sell massive amounts of dollars to weaken it. But in a higher rate environment?
Unless there is a magic trick in there somewhere, both of those things can't be true at the same time. Sounds like a Soros/Bank of England all over again. I think my head would explode trying to understand the dynamics in that scenario.
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Mortgage rates are "soaring" ....what I mean by soaring is just how quick and high they have pushed up in the last week....I know it doesn't sound like a big jump considering how low they have been and how low they compare to 10-20-30 years ago, but just seeing that 4 handle once again must be getting house buyers a bit worked up considering how low they were just last week......up a 1/2 % adds up quick when you are borrowing $200,000...$450,000 or $850,000 bucks over a 30 year time period. .this will slow the housing somewhat and an even bigger jump could cause a slowdown in the real estate market....
With Trump now taking about infrastructure building and seeing the bond market go crazyyyy with talk about higher inflation and higher GDP forecasts moving forward, the federal reserve has zero excuses for not raising rates in the next few weeks...if anything now the probability of a rate hike in December should be over 100% since Trump is talking up all these new economic plans and seeing forecasts for also higher inflation....
Fed has zero excuses...rates have to to move up now....if they don't raise next month Janet yellen will have alot of explaining to do....
Fed has zero excuses...rates have to to move up now....if they don't raise next month Janet yellen will have alot of explaining to do....
The USD index a stones throw from 100. If Italy etc have their own exit from the EU, as I have opined before EUR.USD will go to .85, with the USD index probably at 120.
What is really interesting to me are the contradictions: If Trump really believes in "illegal" currency manipulation e.g., China, and he believes the FED is keeping rates artificially low, the only thing he can do is tariffs, and that game can be played by both sides. The only thing left is for the central bank to sell massive amounts of dollars to weaken it. But in a higher rate environment?
I think my head would explode trying to understand the dynamics in that scenario.
Did anyone expect to see the dollar soar after Trump's win??? I mean trying to keep up with news this last week on the market rotation and everything else in between has been impossible....
What I'm totally confused about is how all of the sudden the predictions for higher inflation, higher stock prices, huge GDP growth and job opportunities are arising in articles and much talk on wallstreet after the fact Trump won...so if Clinton won it would have been stagflation and the same economic policies as the last 8 years with out much concentrated growth at all in all sectors of the economy, historical low interest rates and a fed that only bowed to wallstreet????
Inflation because we get rid of illegal immigrants = cheap labor.
Higher rates because of inflation.
Very logical.
Dow up 6 days in a row.....nearly 1000 points in 6 trading days....
Up 978 points to be exact......
zero risk all reward all the time
19,000 this week....20,000 by Xmas and just add another 500+ points each month in 2017 and the Dow will close above 27,000 next year....only upside in the land of wallstreet perfection
Up 978 points to be exact......
zero risk all reward all the time
19,000 this week....20,000 by Xmas and just add another 500+ points each month in 2017 and the Dow will close above 27,000 next year....only upside in the land of wallstreet perfection