Fed holds rates steady, sees no cuts in 2019
https://www.cnbc.com/2019/06/19/fed-...unchanged.html
in post meeting lsaid left door open to cuts this yr
Printable View
Fed holds rates steady, sees no cuts in 2019
https://www.cnbc.com/2019/06/19/fed-...unchanged.html
in post meeting lsaid left door open to cuts this yr
couldnt take out those sp500 highs , anyway gold massive breakout from 5 yr bottom
looks like we goona close new highs now , dipped on the trump comments, good buying
Oil surging
Gold at 5 year highs $1390 plus an oz
Iron Ore etc jumping.
Although Gold trend been up for a little while now.
Oil has def jumped on Gulf of hormuz/Iran concerns
I just read an article about qe of €, and im curious about what people think about the following:
If countries start devaluing their currency with quantitative easing and other techniques, in order to overcome uncompetitive positions from tariffs, how might that play out for inflation and interest rates?
Having painted themselves into a corner by issuing so much debt and printing so much cash, central banks, including our own Reserve Bank, are now so frightened about the potentially catastrophic impact of a downturn in either stock or property markets, that they are prepared to do almost anything to avoid it.
https://www.abc.net.au/news/2019-06-...stors/11239398
Interesting article - and the last sentence summarizes it perfectly.
The 64 trillion dollar question is - when does the tide turn?Quote:
Perhaps it's time to get into the stock market. It's a great strategy, until it isn't.
There is no question that it will turn - the next market crash will come - and one of them will be a really big one.
However - while this crash will be caused by fundamentals (like debt bubble and/or unsustainable pension schemas crashing), it will be triggered by hype.
Time to hone one's TA skills, develop a really good plan for asset survival and enjoy the ride while it lasts ...
But IF a crash comes where best to park your money for asset survival?
Property? Risk of banks asking for higher equity.If interest rates increase then risk of devaluation & poor liquidity
Bank deposits? Risk of loosing it all as it then is an asset of the bank & you are an unsecured creditor?
Precious metals?Storage risk.
Primary Industry? Complex risks.
Shares? Growth or income?