Jump to content

3520 Here We Come 8/28/20

Rate this topic


Recommended Posts

  • Replies 63
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Popular Posts

This is different. This is classic state sponsored fascist violence.  

54 minutes ago, Jimi said:

The reason would be political - to oust the greatest threat to central bank independence since the creation of the Federal Reserve, and potentially, constitutional order.

I'm also not entirely convinced that private equity wouldn't welcome a crash from time to time: improves the terms they can demand for an investment round to distressed companies. Their time horizons are longer than quarterly preoccupation of public markets.

Right. If they are sitting on a ton of cash. I don't know if that's the case now. 

 

Link to post
Share on other sites

Fedhead Bullard also said Q3 will be the best GDP ever. Meaning largest rise. He said 20% (annual growth rate)  Q1 is now pegged at minus 5% and Q2 minus 32%.

Link to post
Share on other sites

Short covering in the final minutes. 

Ciao everyone. Sorry it's not a great weak end. 

From Zagreb, I bid you a doodoo, good night and good luck.  

Link to post
Share on other sites

Ok. Maybe someone can comment on the following. Lee and I reached out to Brent Johnson and George Gammon on twitter. There was a big discussion whether QE is money printing and whether it is inflationary.  I believe QE is money printing and it is one of the main drivers of this entire market going back to the Greenspan days.

Steven Van Metre was asked to comment. He says the following:

"No part of QE is inflationary. It pulls liquidity out of the system and removes the ability of the banks to sell bonds to drive interest rates higher. By design, QE leads to lower interest rates and lower rates are deflationary until lending growth returns."
 
His video can be seen here

 

The video makes little sense when comparing prior market and economic events to his vacuum thesis. He bases his definition of money and QE on the Federal Reserve act and does not look at open market operations and other programs.

Have a great weekend.

Link to post
Share on other sites

I don't pay attention to that nonsense. Of course printing money is designed to bring down interest rates.  

I put my two cents into a couple of twitter threads where this stupidity was raging and not one person bothered to engage.  

My advice would be not to waste your time. Life is too short.  

Link to post
Share on other sites

https://www.macrovoices.com/guest-content/list-guest-publications/3835-brent-johnson-chartbook-macrovoices-08-27-2020/file

 

https://www.macrovoices.com/878-macrovoices-234-brent-johnson-the-dollar-is-not-dead

money creation.png

Link to post
Share on other sites

TAKING GAINS OF THE TABLE

I think a lot if players will  start  taking gains off the table in September

Wanting to avoid October

May be enough to put a top in !!!!!!  

 

 

Link to post
Share on other sites
1 hour ago, jp6 said:

This is misleading confusing garbage. Mental masturbation at its worst. It wastes valuable time. I turn 70 in November. I don't have the time or the patience for this gibberish and I don't want people wasting time on it.  I just don't want to see pointless, circular discussions here.  

Capiche? 

If you have a direct question for me, I'm happy to answer.  

Link to post
Share on other sites

As long as the Fed prints enough money to fund the debt, I don't see much point about speculating on a top, at least until the TA shows some signs of one.  

It's probably also a good bet that the Trump Regime will use its $1.6 trillion cash hoard to do whatever it takes to keep stocks rising until the election.  The Treasury has even told us that it will spend $800 billion of it in September. Didn't say how, but you know how Trump loves to bray about the stock market. 

Get the inside dope from the outside dope at Liquidity Trader. 90 day risk free trial.  

Link to post
Share on other sites

This is exactly how the Nazis took control of Germany in 1933.  Rioting, violence, mobs. They always made it look like, or possible to blame the others, in particular the Jews. Now it's BLM and antifa, the second being a group which doesn't even exist.   

Against the backdrop of increasing disorder in the streets of America's cities, the stock market will keep rising.  

Link to post
Share on other sites
Guest
This topic is now closed to further replies.
  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    No registered users viewing this page.

  • ×
    • Create New...