Yeah GU is now back where it was before the numbers and indices also not very negative for the day. A bit surprising to me but maybe a closer look at the numbers tells a story as to why.

The Employment Situation - September 2023

Had it been any other country that the US their bonds would have had junk status so to say they do all the right things is a bit stretched IMHO. But again, it is the US so they can get away with it. Lets see how long it lasts.

The Employment Situation - September 2023

It also puzzles me that in these circumstances with the economy running hot as heck its still necessary to run with huge deficit on the US finances.

The Employment Situation - September 2023

Always puzzles me how the interrelation between the different numbers work. Such strong NFP but still employment % goes a bit up.

The Employment Situation - September 2023

Seriously? We can do another hike. It want matter cause damage has been done already. The damage is not this hiking cycle in particular but the failure of 10+ years fiscal policy.

ECB’s Villeroy: No Justification for Extra ECB Hikes at Present

What a joke. One one hand FED keep tightening to get spending under control and on the other hand politicians just pour out free money. No wonder things look as they do.

President Biden Announces an Additional $9 Billion in Student Debt Relief for 125,000 ...

If he gets anything less than 15 years behind bars I agree with you.

Job Openings and Labor Turnover – August 2023

Whats another hike supposed to do to the energy prices? Yeah thats right. Nothing. Why dont you hike twice andxwe can gasoline for free at the pump

Fed's Bowman: Expects It To Be Appropriate To Raise Rates Further

Healthy economy? The US? That want happen in his lifetime

Fed's Powell says Fed's focus is on healthy economy

Sure debt keeps the wheels turning

Manufacturing PMI at 49%; September 2023 Manufacturing ISM Report On Business

If it wasnt for the enormuos fiscal stimulus provided by government there would be nothing booming. Its (still) all debt funded and one day - if not today - there is a bill that need to be picked up.

Manufacturing PMI at 49%; September 2023 Manufacturing ISM Report On Business

Anybody surprised? Maybe ECB who is still working on a base case with no recession and soft landing.

Italy’s Factories Seen ‘Trapped’ in Recession With No Way Out

Agreed, whereas I am certainly a believer in a green transition we will have to accept that running on oil and gas is srill necessary. And as long as we do so we might as well drill it ourselves instead of depositiong our freedom with MBS and Putin ...

US Consumer Spending Is Signaling Pain Ahead: Credit Weekly

Politicians again did what they do best = kicking the can down the road. It didnt solve anything, just prolonged the uncertainty and pain.

U.S. Senate approves government funding for 45 days, averting shutdown

Its a ponzi scheme. Everybody should know that. I dont have a problem with people trading funded accounts but I strongly recommend them to take out their money on the go and not let it sit with the propfirm. You never know when it will blow up. ...

My Forex Funds Era: "Simulated" and "Virtual" Are The New Safe Words for Prop...

True about Norway ((: Not sure about the details for Sweden. But currently no EURO. As for Denmark we might not have the EURO but given that the DKK is tied to it there are very little room for maneuvering for the Danish central bank. As for ...

Bulgarian Finance Chief Says Russia Trying to Block Path to Euro

Sweden and norway doesnt have the Euro either.

Bulgarian Finance Chief Says Russia Trying to Block Path to Euro

And Denmark doesnt have a free floating currency. The Danish currency is tied to the EUR so whatever happens in Frankfurt is mirrored in Denmark.

Bulgarian Finance Chief Says Russia Trying to Block Path to Euro

Denmark never had the EURO. We voted no to EU first time around and a special deal was then worked out and put out for public vote again. So we didnt leave the EURO.

Bulgarian Finance Chief Says Russia Trying to Block Path to Euro

Like it ot not. Us need to stop over spending.

US lawmakers say government shutdown appears inevitable