Quite agree. See the following: url

Moderna CEO Reiterates believes current covid vaccines won't be as effective against the...

Because it's an early warning sign of a possible return to a severe global lockdown consequence. Lots of 'if's' and 'maybe's' but markets operate on the rumour rather than the fact, as everyone wants to be ahead of the herd.

WHO Experts Will Evaluate Whether B.1.1.529 Is A 'Variant Of Interest' Or 'Variant Of Concern'...

She can't see one month ahead, never mind a year out. A year out may as well mean 'never'.

Daly: her outlook is that the Fed will want to raise rates at the end of next year

#1: We agree on that parameter, then. But it would be a good idea to act before that happens, otherwise it becomes inevitable in populations with less than the required herd immunity ratio. As you say, it should be based on a scientific model. #2: ...

ECB's Holzmann: The Inflation Surge Is Largely Transient

Agree with most of the comments on this and the others in this chain, except for one. The idea that lockdowns do or don't work depend on what parameter or goal you have. If you have a health service overrun and people 'dying on the streets', it's ...

ECB's Holzmann: The Inflation Surge Is Largely Transient

You can tell when a currency is unloved, irrelevant of fundamentals, if every item of news, good in its own domain or its associated market currencies, merely invite a continuation of trend.

UK input price inflation hits fresh record high in November

Apology accepted. Happy trading.

Health Minister Spahn: Can't Rule Out A Lockdown In Germany

I'm not clear as to why you think I have stated that News isn't relevant, of course it is. However, I'd argue only in so much as it signifies the time of a change of assumption, nothing else. Every item of news alters the perspective and hence the ...

Health Minister Spahn: Can't Rule Out A Lockdown In Germany

May I suggest you review how you operate your PSL's? If you're operating on Fundamentals rather than Technicals, it's harder to do that in a way that will cope with sudden news switchbacks.

Health Minister Spahn: Can't Rule Out A Lockdown In Germany

Potential German Lockdown news.

LIBOR Transition Does Not Pose Material Risk to CLOs

Sure, I can accept that might be so, technically. I focus on a much smaller time frame and have grabbed 100's of pips across the majors since. My comment was an observation about the news and the actual move in relation to any fundamental ...

Retail sales, Great Britain: October 2021

As a TA, not a FA, it amuses me that a Yellow-Flagged item results in a large pull-back despite the fundamental data being better than expected. The resultant move was larger than most Red-Flagged news items. Either the MM's intended the move ...

Retail sales, Great Britain: October 2021

An economist is commuting to work by car. The Low Fuel warning flashes and 'pings'. The economist stops off at the fuel station to fill up even though it is at a much higher price. When going to the kiosk, imagine the attendant's surprise when the ...

Ignore ‘hysterical people’ — inflation is not here to stay, economist says

So, the prediction is that it won't be 2.97%? Wow, such a relief!

New Zealand 2 year inflation expectation 2.96% (vs. prior 2.27%)

So, they would have us believe that when a 'total/summary/average' inflation figure, used by everyone as a guide to an overall economy's heat is not following the careful CB's and Economists path of all-seeing expectation, then it's perfectly OK not ...

Ignore ‘hysterical people’ — inflation is not here to stay, economist says

That might be more wishful thinking than reality. CCP, or should we say "Big Brother", now has the modern technological tools to operate as George Orwell envisaged and the rest of the world still in love with their deflationary manufactured goods to ...

China releases full historical resolution which could see President Xi Jinping rule for life

Does Kashkari carry cash?

Kashkari Says Fed Shouldn't Overreact to Temporary Inflation

I'm no Bond Vigilante but I get very suspicious of too much faith on outlooks beyond a year or two. Why should anyone be confident of a guesstimate that far out if near-term predictions quickly diverge from any curve and factual data? Added to which ...

US consumer confidence weakens in November amid escalating inflation

Yes, expect that BUT in the context of the USD?

Consumer Price Index - October 2021

I'm a Technical Analyst but here's a Q for the Fundamentalists: the narrative for the strengthening USD is that rising inflation MUST mean that the FED rate will rise and it will be a virtuous circle for a period but what if the FED just keeps ...

Consumer Price Index - October 2021