For sure - everyone now knows the Fed Reserve stands ready to pump in trillions of dollars if need be to keep the financial markets robust.
Seriously. :t_up:
Printable View
Couple fascinating charts (Hussman) that shows easing didn't halt 00-02 or 07-09 slides in the SPX
Economists will tell you that the CPI number is but a general guide.
Inflation on different things impact on different socio-economic and age groups rather differently - best eg. A young family setting up will feel the wealth destructive impact of house inflation while a retired couple with their own house will feel the wealth enhancing effect.
So policy makers can do no more than use the universally acceptable CPI (Consumer Price Index) number to formulate policies.
As expected, out comes the worry beads.
https://www.nzherald.co.nz/business/...ectid=12215532
"Flashing RED!"
Sell everything and go on holiday?
should be bullish for markets tonight in the us
Mueller Finds No Trump Collusion; Barr Sees No Obstruction Case
https://www.bloomberg.com/news/artic...d=premium-asia
As expected, cryptocoin trading mostly scams
https://www.ccn.com/most-of-bitcoins...-wake-the-f-up
us markets in danger of having a false breakout above 2800 , closed right on support on friday. futures were up this morning on trump news but now negative , i guess on falling yields everywhere. australia bonds just hit record lows today
https://www.bloomberg.com/news/artic...d=premium-asia