Another shortable bounce, spurred by talks of crude production cuts.
Until we see any real evidence of this, these bounces are to be sold. Crude up over 7% today.
Also keep an eye and ear for the FED.
Kind of reminds me of that orangutan from "Every Which Way But Loose". With the orange spray tan, and pink around his eyes, and the rug.....LOL.
I think tooth and gum disease, from lack of fluoride, are more likely to cause heart disease and other health issues.
The meat of the matter is crude oil and monetary policy.
Talk of production cuts and negative rates or QE may spark short term rallies, but until one of those really materializes, we trend down.
I'm thinking more like the 2000-2003 scenario, unless some catalyst shows up, and then it's a cliff dive.
Only question is, will it be like 2000 through 2003, or are we going to get a sudden deep dive along the way like 2008?
Carolina wins, 42 to 17. Best part will be the half time show, and we'll be missing Janet Jackson's wardrobe malfunction.
I'm no Atheist. I'm certain that God shares my view of religion, it's perversions, and like me, despises it's exploits.
Once upon a time, the pope and several of his cardinals, ( a total of 12 clergymen) were raping a German altar boy, and he cried "Nein, Nein!!!", so three of them stopped.
I would tend to agree with you on this one.
I also think we could look at a dual system like they have in Germany and some other countries. They have a "single payer" option, or, if your employer has a good plan, you could choose to go that route, whichever works best for you.
In a system like that, tax breaks should be offered to reward companies that provide this valuable benefit to their workforce, an incentive for doing something good and cutting down the cost to tax payers
He's also for changing or doing away with the "NAFTA, CAFTA" type trade agreements. That right there will bring millions of jobs back.
Iron condors are not 100% winners, but if you know how to leg into them, can be a realistic income producing trade,as well as outright selling puts and/or calls, with less inherent risk.
Just a thought.
Money velocity, going back to the year 1960, is typically around 1.75, and higher during good times, and much, much higher when things are going very well.
At 1.48, money velocity has not been this low, since before 1960. In fact, Money velocity is much, much lower than it was at the height of the financial crisis of '08-'09.
What does it mean? From Investopedia:
BREAKING DOWN 'Velocity Of Money'
Velocity is important for measuring the rate at which money in circulation is used for purchasing goods and services. This helps investors gauge how robust the economy is, and is a key input in the determination of an economy's inflation calculation. Economies that exhibit a higher velocity of money relative to others tend to be further along in the business cycle and should have a higher rate of inflation, all things held constant.
In other words, we're still in the same recession caused by the crisis of 08, and in fact worse now. Baltic Dry index confirms this.
I know, it's old news and yawn. Just remember there's a lack of demand.....for about 20 years now.