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- Momofrmnyc commented May 8, 2020
You're the one that sounds disconnected. Please don't reference the stock market as an indicator of the US economy. The FEDS are responsible now for keeping this stock market inflated until that bubble pops and decides to wipe all. You'd have to be ...
Why Friday's U.S. jobless figures won't capture the true state of the coronavirus economy
- Momofrmnyc commented May 8, 2020
How would China have implemented a Phase 1 deal with what's going on? Trump said in 1-2 weeks he'll wait for the report and see if China is meeting their demands. Guess what? We don't need a week or two to let us know which it's CLEARLY OBVIOUS they ...
Chinese, U.S. chief trade negotiators hold phone talks
- Momofrmnyc commented May 7, 2020
You'd have to be HIGHLY OPTIMISTIC to expect all those jobs to come back. Some businesses will never reopen and that's a simple fact whether we want to believe it or not. Business will not be as usual expect consumer spending to lessen in the near ...
Fed's Kashkari: Unfortunately It Looks Like The Recovery Is Going To Be Slow
- Momofrmnyc commented May 3, 2020
Trump doesn't control the oil market him tweeting won't change anything. The demand for oil is LOW it's very simple economics. There is more supply than demand at this current moment. Oil will stay low until that changes you've had a bullish ...
Market's comeback hinges on the economy reopening without major setbacks
- Momofrmnyc commented May 1, 2020
This was known since last year Poloz said he wasn't going to go run for another 7 yr term. We've known this was coming for months. Regardless their economy is still suffering.
New Bank of Canada Governor will be Tiff Macklem
- Momofrmnyc commented May 1, 2020
Totally agree have yet to see ANYTHING POSITIVE with take rates to the negative but on the other hand yen and franc have that super enforced safe haven status and their currencies respectively have been great performers in the recent years.
Macklem: comfortable with lower bound of rates at 0.25%
- Momofrmnyc commented Apr 29, 2020
The beautiful disconnect is so apparent.
Fed’s Powell: Reiterates Commitment To Using ‘Full Range Of Tools’
- Momofrmnyc commented Apr 29, 2020
This is quite possible as well has and has happened many times before literally dollar will go one direction and the conference comes out and it goes in another direction. Just continuing with the same path from March. USD started selling since ...
Federal Reserve issues FOMC statement
- Momofrmnyc commented Apr 29, 2020
It literally means nothing but the stock market doesn't care. You obviously have seen their is a disconnect between the stock market and reality and it remains on a bullish course. Eventually all these FED dollars won't be able to prop up the U.S ...
Gilead Remdesivir trial for COVID-19 has met primary endpoint
- Momofrmnyc commented Apr 29, 2020
Pretty much I feel like the markets are calm just awaiting the storm now.
Gross Domestic Product, First Quarter 2020 (Advance Estimate)
- Momofrmnyc commented Apr 29, 2020
I'm more inclined to agree with fxx360 on this one. The coincidence of this dropping right when the U.S GDP drops is a little questionable to me to say the least. Anywho regardless of all this a working cure or vaccine is still a long way out ...
Gilead Remdesivir trial for COVID-19 has met primary endpoint
- Momofrmnyc commented Apr 27, 2020
Give it time sometimes collapse isn't imminent and more like a slow burn. The disconnect between reality and the markets is definitely more alarming. We are seeing the screws come loose on a few things and I believe it just takes that one catalyst ...
Sunak: PM and I share a sense of urgency to reopen the economy, must be safe
- Momofrmnyc commented Apr 24, 2020
Everyone has become a medical expert in the last few days. The idiot you're quoting literally said normal breathing doesn't spread ANY virus I guess he's never heard of the word airborne before.
What COVID-19 Reveals About the US and China
- Momofrmnyc commented Apr 23, 2020
That's when you blatantly lie and hope people eat it up. No one can truly forecast how long this may last so even trying to apply a model for the 2nd half of the year is optimistic at best. Even if we do come back roaring the impact that's been ...
Moody's - Italy's creditworthiness hinges on timely recovery and credible fiscal plan after...
- Momofrmnyc commented Apr 23, 2020
Glad I took that short on EUR/JPY when it went back up towards the mid 116. Anywho a lot of potential trades and money making opportunities at this moment.
EU leaders' talks end with no agreement on recovery package
- Momofrmnyc commented Apr 23, 2020
Haha let's get that reversal underway was waiting for this fake bounce.
Gilead Antiviral drug Remdesivir fails first trial
- Momofrmnyc commented Apr 23, 2020
These are our elected officials.
Lagarde said to tell EU leaders GDP may fall up to 15% on virus
- Momofrmnyc commented Apr 23, 2020
It spiked now will it hold the position is the question.
BOJ to remove bond buying limit: Nikkei
- Momofrmnyc commented Apr 22, 2020
I'll be back here in a few hours when oil prices start dropping again just to laugh. @Louisfx you said buy oil back on April 17 anyone who followed that would be in the negative right now. Not sure what you guys are seeing with this SUPER ...
Crude Inventory +15M Barrels vs +13.8M Expected