Jump to content

What We Think About Gold 7/13/22


Recommended Posts

10 yr below 3% already....rate cuts just aroung the corner........

5 yr yields down for the day....

10 yr yields down for the day.....

If "CPI" had been higher, even 100%, it seems that

US interest rates would immediately become Negative  yielding

real or otherwise.......

Financial Engineering at its finest (Crime Pays)

Link to comment
Share on other sites

  • Replies 29
  • Created
  • Last Reply

The spin right now is:

Today was THE ultimate top in CPI. Therefore the FED will not be forced to hike much and that is good for stocks.

That would mean that the FED is not behind the curve, but the market is wrong. Since months.

Makes no sense in my view.

Link to comment
Share on other sites

Wall Street's spin, or narrative, call it what you will, is irrelevant. They can say whatever they want as an excuse to call a bottom. This will go on constantly.  

Link to comment
Share on other sites

47 minutes ago, fxfox said:

The spin right now is:

Today was THE ultimate top in CPI. Therefore the FED will not be forced to hike much and that is good for stocks.

That would mean that the FED is not behind the curve, but the market is wrong. Since months.

Makes no sense in my view.

Did they say that last month?

We know they will say it again, next month........

It is all Narrative and Agenda (Financial Repression, et. al.)

 

>: From ZH:      WSJ whisperer made it clear Powell is sticking with 75bps. (10:00 ET)

maybe, that too, among many other things, is why markets "caught a bid"

Link to comment
Share on other sites

Archived

This topic is now archived and is 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...