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- AnniLi commented Mar 22, 2020
As with the JP Morgan stuff this quote is about a quarterly change at an annual rate. Let's say you make a 20% profit during a quarter then you are benefiting at a rate of 107% annualised during that quarter (= 1.2 to the power of 4). A 30% fall in ...
2Q GDP could drop record 50%, Bullard says in phone interview
- AnniLi commented Mar 22, 2020
More than a touch of hysteria in these posts. And a very bad psychology for making trading decisions. USD has been supported as expected reflecting the relative strength of the economy and the country in a very troubled world. The trouble is ...
Kudlow says coronavirus relief package worth more than $2 trillion
- AnniLi commented Mar 18, 2020
The number is not important but the nature of the drop in activity is very important. The global death rate will likely be very little affected and neither will the birth rate. The precautionary measures being put into place are likely to be ...
JP Morgan economist says U.S. GDP could drop 14% in second-quarter
- AnniLi commented Mar 17, 2020
Humane help is welcome from any country.
China brings hope to Italy, while EU turns its back
- AnniLi commented Mar 17, 2020
Nothing new here. Currencies to shovel into your bottom drawer include AUD, NZD, GBP. USD is the default for the 'short' term until the upturn which eventually will be obvious and powered by a unanimous shift in the consensus. Ordinarily big shifts ...
Why it’s not 2008 again
- AnniLi commented Mar 16, 2020
Yes and not just Europe. For now it's a difficult to manage flu epidemic. So the virus is the key to our future but there will be a future, it is not the black plague, there are silver linings. Global awareness of one future, many countries; ...
Europe Freezes Its Economy in Order to Fight the Coronavirus
- AnniLi commented Mar 16, 2020
Forex markets appear relatively benign. The identified groups were already in their cages: safe havens, commodities, wannabe super power and China. Now at the margin the cages have become even more secure. USD looks best so I agree with the article ...
Welcome to the High Vol World: What the Charts Say
- AnniLi commented Mar 14, 2020
Deflation risk increases.
U.S. Import and export price indexes - February 2020
- AnniLi commented Mar 11, 2020
Iran-Paris-London-New York?
White House: EU Travel Restrictions Don't Apply To Goods, Cargo
- AnniLi commented Mar 11, 2020
Shock, horror = free market. Decades of abuse too destructive to ignore.
Banks at risk of losing billions of dollars in fee-based revenues - study
- AnniLi commented Mar 10, 2020
An interesting article. Recent global track was one of slowdown then initial signs of gathering momentum on the upside. Partly the severity on markets is the sharp change in perception from positive to negative momentum. My experienced back of the ...
Coronanomics 101
- AnniLi commented Mar 8, 2020
It is clear why the commodity currencies are tanking since they were already on the ropes prior to the virus disruption. It is not so clear why the USD has been falling other than some perception that the FED will be easing by more than every other ...
Near-Term Price Action in the Context of the Larger Dollar Cycle
- AnniLi commented Mar 5, 2020
I appreciate this contribution because it creates a distincition between a tool and the mis-use of a tool. It is the same argument as the right to own guns of all sorts because the constitution (written when guns were slightly more powerful than ...
Why Scared Money Don’t Make Money
- AnniLi commented Mar 5, 2020
Thank you. We need more of this type of clarity on the subject. Like the discovery of fire it must have come filling full of fear as well as wonder.
Why Scared Money Don’t Make Money
- AnniLi commented Mar 5, 2020
Yes, it can be a currency. A medium of full exchange, a unit of account and a store of wealth. In the meantime the money markets we grew up with (some of us) are still broken and uncompetitive to a fantasy land where bitcoin type currencies are used ...
Why Scared Money Don’t Make Money
- AnniLi commented Mar 5, 2020
Bitcoin is irrelevant. But if it catches on as a medim of exchange it won't be. "If" could take a long while - even longer during a period of angst.
Why Scared Money Don’t Make Money
- AnniLi commented Mar 5, 2020
I'm long lizards. I'm impressed with the deep sense of calm intelligent analysis which permeates the above contributions. 2008 - USA inspired global financial crisis which destroys money markets (i.e. markets where the price of money is determined ...
Why Scared Money Don’t Make Money
- AnniLi commented Mar 5, 2020
If it is then the focus should be on which of the two is the weaker? But this issue is not addressed,
Global Economy Is Gripped by Rare Twin Supply-Demand Shock