aussiebear Posted January 29, 2019 Report Share Posted January 29, 2019 A bit this and that for the early openers: Kiwis -0.6%, Aussies -0.5%, Japan -1% and Sth Korea -0.5%. Gold +3.3% is the best performing Aussie sector with Healthcare at the other end, -2.1%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted January 29, 2019 Author Report Share Posted January 29, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted January 29, 2019 Author Report Share Posted January 29, 2019 http://money.cnn.com...s/morning_call/ 24 hr Gold http://www.kitco.com http://www.kitconet....ase_metals.html http://www.kitconet.com/indexes.html Link to comment Share on other sites More sharing options...
aussiebear Posted January 29, 2019 Author Report Share Posted January 29, 2019 http://www.engrish.com/2017/01/a-real-animal-would-shower/ Found on aluminum storage can. Link to comment Share on other sites More sharing options...
aussiebear Posted January 29, 2019 Author Report Share Posted January 29, 2019 All Ords 5-day chart http://bigcharts.mar...com/default.asp All Ords sailed down -0.5% today with sectors ranging from Telecomms +5%, Gold +3.5% down to Healthcare -2.5%. Over in Asia, China -0.1%, Hong Kong -0.2%, Japan +0.1%, India currently -0.6%. UK/Europe heading up: FTSE +1.1%, DAX flat, CAC +0.4%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted January 29, 2019 Author Report Share Posted January 29, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
Jorma Posted January 29, 2019 Report Share Posted January 29, 2019 Everyone knows a 'trade deal' with China is in the offing. At the same time the US moves against Huawei guarantee any agreement will be putting lipstick on a pig. This is the domestic war between the 'globalists' and the MAGA nationalists in the flesh. The outcome isn't determined and the back and forth is going to yank the markets around for the foreseeable future. Link to comment Share on other sites More sharing options...
BurntOnce Posted January 29, 2019 Report Share Posted January 29, 2019 chiner is going to win the tech cold war. they're bringing fiber optic cabling to the doorstep of 80% of their homes. Any of those central american migrants who are able to work should be digging. it beats rotting in a detention camp. Link to comment Share on other sites More sharing options...
Jorma Posted January 29, 2019 Report Share Posted January 29, 2019 There is something that seems sort of desperate, or contrived, or both, with all these needle bottoms. Link to comment Share on other sites More sharing options...
DrStool Posted January 29, 2019 Report Share Posted January 29, 2019 I was out all afternoon. Now I have to write something and I have writer's block. Link to comment Share on other sites More sharing options...
Jorma Posted January 29, 2019 Report Share Posted January 29, 2019 53 minutes ago, DrStool said: I was out all afternoon. Now I have to write something and I have writer's block. Sometimes it's better not to say anything but that isn't an option for you. How about a story that since the Fed is never going to redeem some $2TN in Treasury notes the actual debt of the US is 10% lower than everyone thinks. Don't you think the Fed is going to get back into the Tbill market. Like it was for its first 97 years.. Link to comment Share on other sites More sharing options...
DrStool Posted January 29, 2019 Report Share Posted January 29, 2019 That's an interesting thought. But it's not about the size of the debt, since virtually no one ever asks to be paid back. It's about the interest expense. No? An interesting thought would be under what circumstances a broad swath of investors would want their money back. Link to comment Share on other sites More sharing options...
Jorma Posted January 29, 2019 Report Share Posted January 29, 2019 28 minutes ago, DrStool said: That's an interesting thought. But it's not about the size of the debt, since virtually no one ever asks to be paid back. It's about the interest expense. No? But the size of the debt dominates our politics. Dishonestly. The R side wailing and gnashing their teeth and the D side having no clue how the banking monetary system works. Sure it's about the interest cost. It can't be allowed to rise substantially. Here nor anywhere. There is never going to be another 1981. Not in our lifetimes, baring an asteroid strike. We are in the midst of a monetary reset that isn't recognized. We can piss an moan all we want about the meaning of debt and how it can't increase at a rapid clip forever. Forever is a long time. Link to comment Share on other sites More sharing options...
Jorma Posted January 29, 2019 Report Share Posted January 29, 2019 The debt limit had been suspended but it will resume in March. Either that or it will be suspended again. Fat chance. It would be wise for the Treasury to borrow like crazy now. Especially with president Fruitcake at the helm. It's impossible to look at this situation and not seeing visions of crashing and burning. Link to comment Share on other sites More sharing options...
fxfox Posted January 29, 2019 Report Share Posted January 29, 2019 1 hour ago, Jorma said: Sure it's about the interest cost. It can't be allowed to rise substantially. Here nor anywhere. There is never going to be another 1981. Not in our lifetimes This is absolutely correct. In fact 1981 was an idiotic mistake. It was THE black swan of the black swans. It wasnt Oct 87 like most believe. Link to comment Share on other sites More sharing options...
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