as ive said on here many times us dollar till it doesnt work ( probably late in that game now )
sorry if i offended anyone about being a crack addict i have deleted it
Printable View
Didnt we hear all those reasons and many more when Covid low was made recently ...lets forget about earlier times as dont want to tax your thoughts too much
Every time market cracked we all had good reasons to think thats the end of the world ...until it doesn't happen ...
Only think certain in this world is holding on to your stocks forever works better then running to the hills every time something bad happens to financial markets
Did u notice that RBNZ raised rates on 5th Oct ....Only two banks so far have adjusted their FLOATING RATES upwards that too taking effect from 26th Oct ...shows what ....real reluctance of the banks to raise rates as they dont want to FINISH their own businesses
All 4 of the major banks have either increased or said they will.....
https://www.interest.co.nz/borrowing
Bond Markets are giving clear signals to all Central Banks and Highly deficit Governments that at current rates they are not sustainable ...No one wants AAA bonds as they are not workable anymore ....How will countries support their debt with more debt at even higher rates ? Who wants to buy that debt which is becoming like Junk bonds day by day ....
Its not equity rout its a Bond Market rout which will lead to much bigger trouble then just collateral damage to equity markets
Central Banks to reign in private spending by taking money out of wallets of mums and dads but who will take the spending powers of money throwing Govts ?? As they are equally if not more responsible for this spiralling inflation world over ....Cost of living payments ( Helicopter Money ) is just one example of Govt having no control over spendings but wants mums and dads to do austerity ....
US CPI data out ...mixed bag ....FOMC minutes out ...hawkish as expected .
Markets hardly moved ...nor up neither down ...Calm before the storm ?
200 WSMA holding ....this break will bring big leg down ....all ready and waiting but not happening so far !! Will it or opposite will happen first?
just wake up too very quiet because market waiting for more important cpi tomorrow morning
did you notice utilities in US are down nearly 3% when everything else is flat
and yellen says she dont mind a strong us dollar
Agree todays was just PPI ...actual CPI is tomorrow ...so maybe real action is soon ...more wait ...
Yes I noted long time back that yield stocks ie utilities etc are loosing shine ...as market is in the process of changing the future theme to growth stocks ....I had mentioned that sometime back ...need to be ahead of the market so now is the time to switch to growth and dump yield