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gespiri commented Jun 14, 2022It is too late now for the Fed to do anything. If they lower rates, it will accelerate inflation and the economy's path to a mickey-mouse system (if it's not already there). If they leave rates, inflation will still exist but a slower speed. If they ...
Biggest rate hike in years expected as Fed tackles inflation
- gespiri commented Jun 14, 2022
I've learned NEVER TO TRUST THE GOV'T AGAIN.
What did we learn from working from home during Covid?
- gespiri replied Jun 14, 2022
A mosquito coil, Pat. A blast from the past.....which smell like sweaty feet!
Cable Update (GBPUSD)
- gespiri commented Jun 14, 2022
It is called the INVISIBLE HAND THEORY that, I believe, Greenspan mentioned in his early years under Reagan. This is to leave the markets (no FED intervention) alone since it will naturally correct itself based on proven S/D forces. As he recieved ...
Fed Put No More?
- gespiri commented Jun 13, 2022
Let's remember when they officially launched the Euro, it was at $0.89/Euro. Then they artificially propped it up to the $1.50s in order to make the case for the benefits unilateralism (while not telling the truth of Germany cannibalizing poorer EU ...
Powell Facing Choice Between Elevated US Inflation and Recession
- gespiri commented Jun 12, 2022
Get rid of the private central banks.
The Fed will raise rates in the week ahead but what Fed chief Powell says may matter most
- gespiri commented Jun 11, 2022
If the Dow reaches 34400-34550 level, I will watch how it reacts for a major short. I expect it to crash from there.
The Fed will raise rates in the week ahead but what Fed chief Powell says may matter most
- gespiri commented Jun 10, 2022
True....there was already QE which started in 2008. However, Biden made it worse by 1) cancelling the Keystone pipeline, 2) reversing many of Trump's deregulation policies like in coal and steel industries, 3) pushing this idiotic green agenda, 4) ...
Who Should We Blame for Inflation: The Fed, Biden, or Putin?
- gespiri commented Jun 10, 2022
Born in Manila, emigrated to Lost Angeles in my late teens and moved to Switzerland due to work. I never looked back. It's true what you said about the US. They're still after all the US citizens' taxes wherever they live even if they're not ...
Paulina Gretzky shares bikini snap amid $125 million Dustin Johnson controversy
- gespiri commented Jun 10, 2022
You wish, Pat. In some places in Lost Angeles, it is $8.50/gallon. The national average in the US is at $4.80/gallon.
Paulina Gretzky shares bikini snap amid $125 million Dustin Johnson controversy
- gespiri commented Jun 10, 2022
The only thing an impartial, logical person to do is to get a chart of crude oil and the US CPI....and find the month/year this all started (January 2021 which is when Biden stepped in).
Who Should We Blame for Inflation: The Fed, Biden, or Putin?
- gespiri replied Jun 9, 2022
Right on the money, Pat. image In fact, I'm waiting for another SL hunt (hopefully) on the top range. My bias is still down (until my daily/weekly indicator changes). What I observed over the years with this pair: 1) They try to spike up/down ...
Cable Update (GBPUSD)
- gespiri commented Jun 8, 2022
Actual inflation should be around 18-23% if you factor gas/energy price increases.
US Treasury Secretary Yellen: inflation target of 2% is an appropriate target
- gespiri replied Jun 8, 2022
image 4hr.....mixed signal. Stoch says down, along with 10 and 200 EMA but monthly shows up. I'll wait in 2 hrs where this will close.....my bias is a sell around 1.2627 depending on reaction.
Cable Update (GBPUSD)
- gespiri commented Jun 7, 2022
Whatever happened to a free and open market???
U.S. Treasury moves to block U.S. investors from buying Russian debt - WSJ
- gespiri commented Jun 7, 2022
The problem is not the ruling party not explaining the cause of inflation. The problem is the dumbing and distraction of the public to these matters.....even if they fully explain the relationship between interest rates, inflation, money supply, and ...
Turkish lira weakens further after Erdogan vows more rate cuts
- gespiri commented Jun 7, 2022
The City will just put another ugly scumbag to replace this ugly scumbag. The Brits better wise up and elect Nigel Farage IMO.
Pound Holds Gains as Boris Johnson Wins Leadership Vote
- gespiri commented Jun 7, 2022
Relax.....they're just checking up if the Aussies are still taking the jabs and enforcing vax passport control.
Australia says China threatened plane over South China Sea