US Consumers are struggling

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 median income is 20% lower than 30 years ago. What drove economy is low interest debt - it's over now for US
 
Quote from ASusilovic:

I am really surprised that mainstream www.marketwatch.com issued a story like this one !!:D

http://www.marketwatch.com/news/sto...x?guid={1A9E8220-96FC-4721-BB29-CD8D5FB26CF6}

Preparing sentiment for a rate cut, what ?? ha, ha :D
More...

Not a good report but with inflation where it is and the $ already under extreme pressure not sure they will cut. The increase in bond yields recently (apart from recent I think short lived rally) have I think shown us where long rates are going into the winter
 
No cuts will happen this year....raises however will be lucky to occur after the last go-around.

Hate to make the markets upset....*maybe* rates go higher at the end of the year, but that's about it...
 
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