U.S. markets surged as rate hike expectations plunged. The Fed doesn't have to hike rates now because soaring commodity prices will help cool inflatin by causing a recession, which is bullish because the Federal Reserve will have to restart QE. Everything is awesome. There has never been a better time to buy stocks!
Situation turns critical for Reserve Bank
-
The ABC reports that the sharp economic downturn in New Zealand is driving
larger numbers of Kiwis to migrants to Australia for work. New Zealand’s
unemp...
It is almost like analysis, technical or fundamental, is pointless with a Fed backstop. Just BTFD.
ReplyDelete