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- mikbelmeg commented Dec 23, 2020
Seeing is believing. There have been so many promises and extensions that only a signed agreement will suffice
- mikbelmeg commented Dec 15, 2020
You have a valid point regarding investing. Each person must decide the amount of risk they are willing to accept
- mikbelmeg commented Dec 15, 2020
It is impossible to guess what the combination of the new variant and Brexit will do. Best advice for traders is to avoid UK securities and look to less volatile markets either safe havens or maybe Asian markets
- mikbelmeg commented Dec 14, 2020
The entire Brexit is now becoming farcical. If one side or the other did not want a deal, they would have pulled out long ago. Both sides need a deal. The only question that remains is who is prepared to concede what.
- mikbelmeg commented Dec 7, 2020
Question is what is Boris' motive. Either he wants to make political capital or he is trying to manipulate the markets. The welfare of the average man on the street is probably very low on the agenda.
- mikbelmeg commented Sep 28, 2020
With the US treasury printing money like confetti, the dollar must ultimately fall. that is the objective to try to support the stockmarket particularly with the election looming
- mikbelmeg commented Sep 28, 2020
Deal unlikely but possibility will be used as a carrot to manipulate economy
- mikbelmeg commented Sep 9, 2020
A random unsubstantiated forecast of a positive outlook is easy to make considering the low base from which we are starting. There is literally no direction to go but up
- mikbelmeg commented Aug 20, 2020
Tropical storms could pose a threat to oil production potentially pushing prices up. This together with weaker than expected unemployment claim figures can cause further worries for the US economy leading to a flight to safe havens like Gold
- mikbelmeg commented Aug 3, 2020
The dollar is definitely oversold and in need of a correction. This correlates with Gold that is very overbought. market forces dictate that both of these instruments are due for a correction, but the question is when. The problems as i see it are ...
- mikbelmeg commented Jul 31, 2020
Just like us in S.A. easing of restrictions have lead to a spike in infections. Lockdown is devastating the economy so it cannot carry on indefinitely. I believe that we should continue to practise social distancing and the wearing of masks, but ...
- mikbelmeg commented Jul 7, 2020
Fed is just trying to calm nerves amid virus spike. If investors think they are prepared to do more they will delay running to the safe havens
- mikbelmeg commented Jun 3, 2020
Chinese passengers are unlikely to be visiting the US anytime soon anyway. This is just a political ploy to make American leaders appear strong to their own people. Economically it will have little short-term impact whether the Chinese were allowed ...
- mikbelmeg commented Jun 3, 2020
I accept politics plays a big part in trading, but let us all focus on how political decisions affect trading patterns and leave personal opinions about people and their political views out of the conversation
- mikbelmeg commented Jun 2, 2020
This purchase would seem to be a major vote of confidence in the Italian economy and its ability to bounce back, or a major bailout. With the market seemingly risk on at the moment, hence the drop in Gold, it would seem the former is being favoured
- mikbelmeg commented Jun 1, 2020
Remember we are dealing with two of the biggest players on the world stage. What are the chances they are working together to manipulate prices and at the end of the day the poor consumer will be the major casualty
- mikbelmeg commented May 27, 2020
By saying Hong Kong is basically a mini China the US is probably correct, but potential of cutting trade ties won't benefit them. It will only cost US businesses profits and have little or no effect on China
- mikbelmeg commented May 21, 2020
In Australia the recovery may not appear as pronounced as it will be in Europe. This is because, although the economy has been hit hard, it has through sound monetary and fiscal discipline, built in reserves to deal with this crisis. There are ...
- mikbelmeg commented May 15, 2020
In spite of these not unexpected poor numbers, US markets will probably resume their climb next week. The partial reopening of the economy will be seen as positive and lead to optimism for companies even though the real economic effects of the ...
- mikbelmeg commented May 14, 2020
The credibility of statistical data is always questioned and can often be skewed in such a way as to fit a certain impression that a government wishes to create. In order to rely on data you must look at all forms of data and be a maths expert in ...