Stocks and Yen pairs all take a big hig on the Fed’s 0.25 interest rate hike, normally you only see such big moves when the Fed does something no one expected, but the 0.25 was the expected hike, so there must be something else the market is looking at
Note; I will be traveling tomorrow and will not be able to post an update
I do hope you are right but when has the Fed ever given us a “soft Landing” ? It has always been boom or bust
It’s a total sh!t show globally… And no one has a clue when the Merry Go Round is going to stop!!
Those of us older folk won’t be severely affected, most purchased our property(s), started our businesses in lower cost fiscal environments… Those of us that purchased property(s), say 1990 -2015 will have have no mortgage or enough equity, saved wealth etc. to see us through…
Right off the Bat, after 24 months of lockdowns and Job losses caused by stop start economies, once again, it’s the 20 to 30 something’s that have to bare the brunt of more Government incompetence…
Governments who threw money into the economy like confetti due to recently *revealed over reactions* to the pandemic…
Currency circulation more than doubles in 18 months in most countries… Except in nations such as Sweden, who took the more measured approach to most wannabe tyrants in the Western World…
Now we have the perfect storm of wayward inflation after 24+ months of fiscal stupidity…
The result… Affordable Property has gone off the clock, affordable mortgages are practically unobtainable, and rental fees have gone through the roof… Adding to a massive increase in homelessness in major cities across the globe…Putting a roof over your head is now a serious challenge for so many…
“Quick, lets throw some more 20 to 30 something’s on the fire… Ma & Pa might get cold…”
Stocks were down for the week as were all Yen pairs except EUR with a very slim gain
A strong Yen on a week with stocks down is a sign of things getting back to the old normal
Green day for all Yen pairs
Another strange day, Stocks down but risk-on currencies up
A whole lot of green, now let’s see if it remains that way at the close
We stayed green all-day
another mostly green day with no big moves
after getting off to a rocky start, Top Trade GBPAUD has been up as much as 300 pips
Good week for Yen pairs, US stocks also had a good week
US stocks up, Yen down, is this a hint we are getting back a normal market
It was a mostly up day for markets, AUD was the big winner, and USD takes over the 8 spot
GBPUSD is our new Top Trade, it is sitting at some strong resistance, if it breaks higher it has room to run
Stocks down, but all Europe currencies continues to due well
Down day for Yen pairs, but a new high for Top Trade GBPAUD
Slow day to end the week and very little change for the week
