Overnight the dollar traded significantly down, thus the opening gap in the markets. However as I alluded to in last night's post, there will be consequences as economies from Asia to Europe are rather hot at what they see as Fed currency manipulation, it won't be long before you start seeing retaliations to drive their own currencies down against the dollar.
On another note, there is a problem with Google Groups and it's not sending out updates. I'm seeing what I can do about it now.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
1 comment:
Game over man - game over - don't fight the fed
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