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- fx6996 commented Apr 7, 2024
How about 1.09 to 1.03?
- fx6996 commented Apr 5, 2024
What he said But seriously do you even believe this #?
- fx6996 commented Mar 30, 2024
I just don't see that the BOJ will intervene like last time. Remember last time that the BOJ jumped in? When a CB intervenes why is that not considered illegal market manipulation?
- fx6996 commented Mar 21, 2024
This doesnt look like slowing inflation to me!
- fx6996 commented Mar 12, 2024
It "used" to be true - not so much today
- fx6996 commented Dec 11, 2023
A big fall in what???? EU USD GU JPY Santa Clause? What's going to fall?
- fx6996 commented Dec 8, 2023
We already know the outcome of those meetings: FED, ECB, BOE all on hold until 2024. Which will be the first to cut rates? My "guess" is China, then ECB, BOE and FED lastly in 3rd or 4th quarter of 2024.
- fx6996 commented Dec 8, 2023
Sounds like a Chinese rate cut = free money coming. Look for Asian currencies to strengthen
- fx6996 commented Dec 6, 2023
Wrong data points - click on this article is it linked to the original: url Manufacturing is the 5th largest employer sir... Healthcare #1 Retail #2 Hotel & food services #3 Waste management services #4 Manufacturing #5 - so yeah labor is only 16% ...
- fx6996 commented Dec 6, 2023
Exactly what he/she wrote!
- fx6996 commented Dec 6, 2023
That's is because you don't know what you are looking at. FOMC isn't concerned with job additions/subtractions as much as LABOR WAGES! Wages increased 5.6% Year over year. That is TERRIBLE for inflation (great for those workers however) Businesses ...
- fx6996 commented Dec 4, 2023
Doesn't matter anymore once the USA elects Trump - then the oil will flow forth freely and we can get energy costs under control. Right now with the oil-hating current White House the Permian basin produces about the same amount as Saudi does. ...
- fx6996 commented Dec 1, 2023
Actually what happened today was VERY PREDICTABLE It was a buy the rumor Sell the fact Look at the DXY for proof: image Look at the run-up B4 Powell speaks then BAM!
- fx6996 commented Dec 1, 2023
Actually there is still quite of bit of cash in mutual funds/money markets waiting for the "all clear" to put into the stock market. This is the time where you normally get a Santa Claus rally but it happened in November instead. Oh well....
- fx6996 commented Dec 1, 2023
Yup I will NOT argue with you on that point. Here's the catch - what can be done about it? Until the entire system is brought to it's knees it will be business as usual...
- fx6996 commented Dec 1, 2023
Nothing but kick the can down the road ....
- fx6996 commented Dec 1, 2023
He's soft peddling the soft landing scenario .....unlikely
- fx6996 commented Dec 1, 2023
Mr Powell isn't going to be happy with this report! Higher prices for manufacturers? I wonder why? GM/Ford/Stelantis/UPS/FedEx/Delta the list of LARGE salary increases need to be passed along - For those who think inflation is over because gas and ...
- fx6996 commented Dec 1, 2023
I understand what you wrote and to some point agree with you but overall I would say lets agree to disagree and be civil - they way it used to be. Only time will tell. I personally believe that the FED wants the stock market to tank but that's just ...