It was the weakest January for the U.S. Dollar in 30 years! Gold prices are rising, commodity prices are rising and for all the hype about Dow 20,000, the U.S. stock market is pretty much the worst performing stock market in the world so far in 2017. if you adjust for currencies. (SPDR Dow Jones Industrial Average ETF (DIA), Nasdaq 100 Index ETF (QQQ), SPDR S&P 500 Index ETF (SPY), iShares Russell 2000 Index ETF (IWM), SPDR Gold Trust ETF (GLD))
Feb 8, 2017
The Bullish Case For The Euro Currency
We know that the Bundesbank does not approve the easy money policies, the QE, the negative interest rates that Draghi and the ECB have forced upon them and I believe that rising German opposition as well as rising inflation both in Germany and throughout the European Union will ultimately force the ECB to abandon this monetary policy maybe even at the same time that the Federal Reserve is finally coming to terms or admitting that they are about to ease monetary policy again, they will be cutting interest rates and doing QE4.
Feb 7, 2017
Federal Reserve: Will They Raise in March? Probably Not!
The Federal Reserve has been saying that we will have three interest rate hikes in 2017. They have to get started if we are going to have three. People thought the Federal Reserve was going to say something to indicate that maybe it would be in March. They made no such comment. (SPDR Gold Trust ETF (GLD), SPDR S&P 500 Index ETF (SPY))
Subscribe to:
Posts (Atom)