Introducing a New Guest Chris Vecchio – What’s Really Driving This USD Strength
Chris Vecchio, Senior Currency Analyst at DailyFx.com joined me yesterday for a conversion focused on the US dollar. We discuss the major drivers, a lot from Europe, that could encourage the dollar to continue this strength.
Click here to visit the DailyFx.com website and follow along with what Chris is writing about.
Remembering that most financial advice is not even worth what you pay for it….
Some thoughts.
The world is changing to online shopping….amazon, etc.
Even big box stores have on-line presence increasing….Walmart, Kmart, Sears, Target do sell on-line and deliver.
How do low income earners and unemployed pay for on-line purchases?
Answer: Prepaid credit cards and Paypal and similar.
3PeaInternational, TPNL, just changed its name to Paysign, is a pre-paid credit card issuer.
I’m not giving it a recommendation, because any stock is susceptible to market turndowns, but this area of niche markets is worth watching.
Does anyone actually believe that the US dollar would be so strong , if it was’ent the worlds reserve currency.
Well done CORY for finding Mr Vecchio…He appears to have his finger on the pulse.
I could listen to him again…Have him back soon.
Here is your state of the cities……..
https://www.zerohedge.com/news/2019-04-25/baltimore-mayor-bolts-pugh-missing-after-fbi-irs-raid
https://www.zerohedge.com/news/2019-04-25/suddenly-something-wrong
FF/IOER spread widening signaling potential Dollar funding/liquidity/shortage issues
The move in Fed Funds is leading to a Dollar breakout and renewed EM stress
Is the Fed Fund move that is driving all this just a temporary April 15th tax related issue, or is something more going on with FHLB’s?
Prism’s model selects the structure to position for further Dollar liquidity stress
https://www.youtube.com/watch?v=YD9fngkogKU…….
This is going to shake the dollar…..in Hilly’s pocket…..
Does anyone believe Creepy Lying Joe Biden when he says he asked Obama not to endorse him?
A discussion of Assange by a friend of his (Cassandra Fairbanks) with Stefan Molyneux:
https://www.youtube.com/watch?v=EefFqhfq0HM
2% GDP subtract 2% or higher inflation is equal to ZERO or NEGATIVE GROWTH. Not sure how that is good.
Deusche Bank / Commerzbank merge fails.
Euro sinking > dollar up.
https://www.youtube.com/watch?v=a0z6QrMlF6U