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Posts by "usikpa"
100 Posts Total by "usikpa":
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Posts by Anonymous "usikpa":
Now that Ber'danke has made up his mind with NGDP targeting and inevitably ensuing QE3 disguised as AMBS large scale purchases, do you think it's time to call off 1.29 objective?
Thank you for putting up that Stock holm performance!. Great patterns in big picture overview, very edifying
Thank you for your replies and comments.
Dave, your two points are well taken. These are the times to stay nimble and try to preserve rather than make huge bets.
And, Ashraf, no, thats not too long term (say, by the FOMC meeting in December?..)
I respect very much what you do, but your Premium service, I understand it, is for intraday speculators, which just isn't my cup of tea. I try to follow major, fundamentally driven moves.
In your view, will the corrective moves be multiple and shallow, or 1.29 is the level for a major correction to start? Thanks
Is there anyone on this site, still possibly involved with the real economy who could attest to that? Are things close to that in Germany, given that export orders are contracting now?
Just interested to learn your view why there have been no dissenters, and why "extended period" has been retained while "inflation" mentioned 11 times?
Could it just be like back in the end of 2009 when he said he had envisioned 1.57 by the end of that year, only to witness a grand reversal at 1.51?
After all, German Ifo and PMI look like rolled over the hill, the last PPI m-o-m was almost flat, and the so hot german GDP growth in the 1st quarter is projected a meager 0,8 per cent, which is what ... twice as low as in the US?
Technically the Fed should start hiking as soon as the core CPI is close or over 1.6% (it is 1.2% in the US vs 1.3% in Europe now). This is so because by the time the Fed has raised to 1 per cent, the core may well have swung over the 2 per cent threshold. And the core is on the rise (just look at the prices received in the Fed's local reports)
And Ben Bernanke is NOT Alan Greenspan. The treasury bubble is to burst.
Everywhere we look, the charts are parabolic. Feels like a correction is in the air.
Thoughts on the dollar, anyone?