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.
As Felix Zulauf suggested earlier in the Barron's, and Chris Williamson of Markit confirmed today on the reuters-tv , apart from Germany and France, and regardless of still some vigor in the services sector, the rest of euro zone economies apparently are back in the contraction mode now.
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?
So, Ashraf has finally lost all his hope for the dollar, staying committed to 1.49 for the Euro in its current upleg.
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.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(10 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(10 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
How bitcoin halvingreduces bitcoin inflation below that of gold and how its "hardness" can beat every other asset & currency over time. Watch here.
كيف تنخفض نسبة التضخم في بيتكوين تحت نسبة تضخم الذهب و ما يعني "صلابة" بيتكوين كعملة او إرادة؟
Latest Hot-Chart - Apr 09
Bitcoin versus Miners Performance
As many of you know 2023 was kind to members of our WhatsApp Broadcast Group who snapped up shares in bitcoin miners, while 2024 has so far been more superior to Bitcoin than most of the miners...
View Hot-Chart..
Thank you for putting up that Stock holm performance!. Great patterns in big picture overview, very edifying
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?
Raise wages by 15%? After all the previous raises throughout last couple of years?
That would be the perfect recipee for another peak in the Chinese CPI!