Is the market finally taking notice that our current economic state is a sham and is in trouble? Treasuries are rising daily, it looks like the fed will have to raise rates rather than cut, and there’s more and more bad housing news every day.
Growth in the US is slowing, and we may have to raise rates to fight inflation, keep the dollar strong, and keep foreigners invested in our MASSIVE debt. While in Europe, growth is strong, and they are also raising rates, which is great for the euro.
Syria and Kuwait dump the dollar, and the UAE may be next, meanwhile, the Australian/New Zealand dollar reaches 15 year highs.
Oil is back up, General Mills is raising the price of cereals, oil is going back up, inflation seems to be a problem, especially when you throw in food and energy. Labor costs are climbing, while productivity is slowing.
I ‘d like to hear all of your views on this..
Can the bulls really hit 1600 on the S&P before years end? or is Peter Schiff finally right and is this the beginning of a recession?
The bull is being prepped for the coming BBQ. Asia is getting creamed as I type this.
Futures market will get slaughtered, gas will go down, thank the stars that Asia doesn't have a "futures" market….yet …a lot of pain in the south pacific coming…riots and all…people dont like to be wiped out
The rulers cannot rule without the consent of the ruled...Ghandi
The bull is being prepped for the coming BBQ. Asia is getting creamed as I type this.
Futures market will get slaughtered, gas will go down, thank the stars that Asia doesn't have a "futures" market….yet …a lot of pain in the south pacific coming…riots and all…people dont like to be wiped out
The rulers cannot rule without the consent of the ruled...Ghandi
The yield curve has normalized, growth will likely be in the 2-3% range in the second quarter. No recession, but no rate cut either.
That said, this correction could have another leg down. The market may appear stabilized by COB tomorrow, but I would take a wait and see approach Mon-Wed of next week.
The yield curve has normalized, growth will likely be in the 2-3% range in the second quarter. No recession, but no rate cut either.
That said, this correction could have another leg down. The market may appear stabilized by COB tomorrow, but I would take a wait and see approach Mon-Wed of next week.
jg – it looks like you put one of those pesky less-than signs in your post and the rest does not appear.
I’m guessing it says “… I say less than 1% …”
Note:
The less-than and greater-than signs are control characters for doing italics, bold, etc. Don;t use them in your text. This has been a public service announcement.
jg – it looks like you put one of those pesky less-than signs in your post and the rest does not appear.
I’m guessing it says “… I say less than 1% …”
Note:
The less-than and greater-than signs are control characters for doing italics, bold, etc. Don;t use them in your text. This has been a public service announcement.
