The Fed cut rates by 25 basis points this week citing global uncertainty and for targeting inflation. Jerome Powell probably wishes he never mentioned the last cut being a "mid cycle adjustment" as it seems now the Fed does not know what they will do next. A pragmatic approach. However, they know they will be … Continue reading The Fed Rate Cut was NOT the biggest Fed news this week!
This week was already billed as an important market week given the US Federal Reserve is expected to cut rates on Wednesday. Not only that but we have a super Thursday with the Bank of Japan, Bank of England and the Swiss National Bank all with their respective interest rate decisions. A heavy central bank … Continue reading Iran Drone Strike on Saudi Aramco?
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?
My opinions on the trade war still remain the same. The market wants to see pen to paper/hands shaking trade deal resolution. I still believe China can remain patient and can wait for a weaker US President. They know President Trump needs a strong economy and more importantly, a rising stock market to win re-election. … Continue reading Beijing Wants “Calm” Trade War Resolution.