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- smctrader commented Apr 30, 2019
This is now the 500th time I've read a "US-China trade deal progress" headline in the last 4 months. Simply amazing how much the financial media has been pumping this story.
Mnuchin hopes for 'substantial progress' in China trade talks
- smctrader commented Apr 30, 2019
Just wait until Apple earnings stink up the joint after the market closes today. Yee-haw!
Risk shades negative after disappointing China PMIs
- smctrader commented Apr 30, 2019
"Trump economy" is smoke and mirrors....US is running a -6% budget deficit of a trillion dollars. EU countries only run -2% budget deficits, Japan -4%. If US were normalize budget deficits, we would have to cut $600 billion dollars in govt spending ...
China Apr Official Manufacturing PMI 50.1; Median 50.5; Mar 54.8 - China Apr Official...
- smctrader commented Apr 29, 2019
*60-year lows in unemployment *deficits 6% of GDP (+$1 trillion) *biggest corporate tax cut in 40 years *stock markets making new highs every single day ----------------------------- "The Fed needs to cut rates."
White House Economic Adviser Kudlow says slowing inflation opens door for possible Fed rate...
- smctrader commented Apr 29, 2019
I doubt very highly that this will happen. US production is already +10% higher than it was at this time last year...if oil were to get up to $75 a barrel, Saudi and Russia would be jumping for joy and would pump as much oil as possible. This is no ...
What Oil at $100 a Barrel Would Mean for the World Economy
- smctrader commented Apr 29, 2019
Why in God's name would you need rate cuts when you have 60-year lows in unemployment and the stock market making record highs every single day? I feel like I am losing my mind when reading this stuff.
Fed May End Up Seeing 1995-96 Rate Cuts as a Template for Today
- smctrader commented Apr 26, 2019
Dude, you are insane. Rate cuts are completely unjustifiable with rates at 2.50% and US GDP growing faster than 3%
Gross Domestic Product, First Quarter 2019 (Advance Estimate)
- smctrader commented Apr 26, 2019
Still very much a "buy USD" world.... I would be willing to bet big money that the US Fed hikes again before ECB/BoJ is able to hike once.
Gross Domestic Product, First Quarter 2019 (Advance Estimate)
- smctrader commented Apr 26, 2019
It's almost like low rates ARE the problem.....if the G7 central banks make the cost of capital near ZER0, and the world is flush with capital, and we reward loss-making enterprises like Uber with $100B valuations, then this all amounts to massive ...
Gross Domestic Product, First Quarter 2019 (Advance Estimate)
- smctrader commented Apr 26, 2019
Sooo.....why can't the Fed hike?
Gross Domestic Product, First Quarter 2019 (Advance Estimate)
- smctrader commented Apr 26, 2019
Everybody is euphoric again. However, the Philly, Empire State, and Richmond Fed surveys have completely ignored the rebound in stock markets are are all still continuing the weakness we have seen for the last 6 months. Housing is bouncing back a ...
The American economy looked like a drag just a few months ago. Not anymore
- smctrader commented Apr 25, 2019
$30 billion digital fiat profit after creating digital fiat out of thin air and buying stocks. What a world.
SNB Posts $30 Billion First-Quarter Profit on Stock Rally
- smctrader commented Apr 25, 2019
USD denominated debt becoming harder and harder for ex-US borrowers to serve.
Major Breakout In The USD Index
- smctrader commented Apr 24, 2019
What is there to preview? Rates will remain unchanged.
Previewing the BOJ's Interest Rate Decision
- smctrader commented Apr 24, 2019
Crude should be at $55 right now, tops.
Crude Inventory +5.48M Barrels vs +811K Expected
- smctrader commented Apr 24, 2019
Alan Greenspan had rates at 5.5% 5 years after the 2000 tech bubble popped. Jerome Powell has frozen rates at 2.5% 10 years after the financial crisis. US debts, Fed balance sheet are both astronomically higher today than under Greenspan.
US Dollar strength continues amidst continued economic outperformance
- smctrader commented Apr 24, 2019
Ultimately, there will be another massive financial crisis in the US (since we learned absolutely nothing from 2008), and the US will respond with massive debt money printing...and that point, credibility will be lost further and there will be ...
US Dollar strength continues amidst continued economic outperformance
- smctrader commented Apr 24, 2019
Problem is that EU, Japanese, Canadian, Australian rates are all lower than the US, and most are significantly lower..if those countries were to normalize rates higher, the dollar would fall significantly overnight. It is my opinion, that this game ...
US Dollar strength continues amidst continued economic outperformance
- smctrader commented Apr 23, 2019
But President Trump is all over Twitter this morning saying this is the greatest economy in the history of our country....
White House Econ. Advisor Kudlow: Fed Target Rate ‘Should Be Lower’
- smctrader commented Apr 23, 2019
Guy spent $130 million investing in air. Softbank should trust him to make investment decisions.
SoftBank's Masayoshi Son got caught up in the bitcoin frenzy and reportedly lost $130 million