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Posts by "catnip"
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2148 Posts by Anonymous "catnip":
it is as clear as possible Euro has no chance to survive.
Imo inflation hawkish will be hit most while inflation dovish should be boosted.
BoE / GBP is a test of this thesis.
And besides hiking rate does not bring for ex. oil price down not even a cent. These are subject to mutually independent market variables.
could drop sharply and ECB, who cannot hike anyway, postpones the rate decision only emphasizing we are vigilant. Whenever I hear bullish comments from GS JPM MS on oil gold silver I start short positions. Btw. I do still wonder why the large proven oil reserves of Iraq remain widely untapped?