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World Stock Markets Trading Discussion - Ticklish trepidation


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http://bigcharts.mar...com/default.asp

 

A bearish one for All Ords with the index breaking recent support to finish -0.6%.  All sectors were down led by Energy -2.2% and Miners/Utilities -1.3%.

Over in Asia, China -0.6%, Hong Kong -1.3%, Japan +0.4%, India currently +0.4%.


Yo-yo action for UK/Europe: FTSE flat, DAX +0.1%, CAC flat.

 

 

 

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big.chart?nosettings=1&symb=FR%3APX1&uf=

 

http://bigcharts.mar...com/default.asp

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Here it comes, Fed's Kashkari wants rate hike pause. No mention of a shrinking  balance sheet.

 

https://www.reuters.com/article/us-usa-fed-kashkari/feds-kashkari-citing-yield-curve-wants-rate-hike-pause-idUSKBN1K62EE

 

He was Paulson's boy who invented out of thin air the $700bn number that Bernanke and Paulson demanded from congress during the 08 crisis.

 

He's not even a FOMC voting member now however.  I am beyond shocked that Trump has not started crying about the Fed being 'tight'.  That is going to be ugly.

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The bleating has been going on for months. I've written about it a couple of times. Powell is a hawk. He's the new sherriff in town.  His voice is the only one that matters. https://suremoneyinvestor.com/2018/07/reuters-and-bloomberg-have-it-wrong-the-fed-bloodletting-is-still-right-on-track/

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This is normal.

 

I would say "The New Normal" but lets get real.......

 

~ 10 years of

 

Low in the Morning, then someone(s) JUST BUYS IT HIGHER AND HIGHER

 

LOD -> HOD with little to no down tick

 

SPX - 2800

DOW - 25K

 

>: FED speak today (Powell)......bwahaha

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I don't doubt in the least that the Powell Fed will hold to balance sheet reduction for quite awhile.  Kashcari is just the first Fed head i have heard mention it at all. Of course under the ridiculous Fed Funds target story. 

 

I think the Feds assets will hit $20Tn, not $2th, eventually

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