If you were following the markets on Friday, things seemed well. Markets were moving up, the yen crosses were moving up. Likely a typical Friday before the week ends. And then it came. Markets dropped significantly, and the Yen appreciated. Many traders in chat rooms were wondering what had happened. Well, it came out that … Continue reading US Considers Capital Controls in Trade War with China!
If you follow my work, I have outlined since the beginning of the year how central banks are out of tools. They will revert back to cutting interest rates back to 0 (deeper into the negative for Europe and Japan...Britain may follow since they are at 0.5% currently). Central banks will also revert back to … Continue reading Federal Reserve becoming the BUYER of last resort!
We are 4 days away from the September Federal Reserve Interest Rate Decision, or the FOMC as it is properly known as. Fed chair Jerome Powell did cut rates by 25 basis points in August citing it was only a 'mid cycle' adjustment. He may wish he never said those words. The interest rate at which banks … Continue reading How to use Fed Fund Futures to Predict Rate Cuts.
With ECB chairman Mario Draghi stepping aside on October 31st/2019, making away for Christine Lagarde, many thought Draghi and the ECB would not announce drastic monetary decisions. Just sit on things until Lagarde takes the reins. Nope. Today, Mario Draghi announced a deposit rate cut from -0.4% to -0.5% AND announced a new stimulus bond … Continue reading ECB Cuts Rates, Back on Stimulus!
My readers and followers know that I am a big advocate for financial, economic and market education. I truly believe we are in the golden age of ACTIVE investing and trading and we will see the demise of PASSIVE investing. Michael Burry, from the Big Short fame and who shorted the US housing market, has … Continue reading The Next Big Short?
Awhile back I spoke about the big potential Silver move and so far it has been performing. Well to be honest my readers and followers know how much I love Silver. Just to clarify, for the long term, Silver and precious metals is where you want to be due to the CONFIDENCE CRISIS coming in governments, banks and the … Continue reading Silver to Provide Crucial Buying Opportunity?