Marc Chandler – Breaking Down Bullard’s Comments On The Fed Tightening To Pressure Markets
Marc Chandler, Managing Partner at Bannockburn Global ForEx joins us to recap comments made by past NY Fed Chairman Bill Dudley regarding the Fed needing to force stock markets down. This ties into a discussion on the labor market, US Dollar and interest rates. We also discuss the upcoming data and central bank meetings next week.
China has a population about four times ours. Plus they’re a nuclear power. Obviously a huge market themselves. That’s significant in my thinking.
True, as you say, Americans like cheap, cheap, cheap. Walmart shoppers galore. Personally, I don’s go in the damn places. China simply gave Americans what they wanted. They never ask for quality. Only cheap prices. That’s what they got. To the detriment of main streets everywhere.
Sayed, If you don’t care about what The Chinese are doing you are living in a vacuum. The Chinese are eating the Americans lunch, America has no industry that sells affordable consumer goods to the rest of The World. Every year The US trade deficit with China grows and you don’t care. The debt Americans owe the rest of The World is staggering.
America is now losing The World’s Reserve currency and soon you will learn to live in a world without prosperity. DT
When China attacks Taiwan there won’t be any computer chips in America and when Americans go to buy donuts there won’t be any boxes to put them in. LOL! DT
There was a time, in the 1950’s, when over 60% of the manufactured goods in the world were Made in USA. The other major manufacturing facilities in Germany and Japan had been bombed to near smithereens.
In the 1960’s, the MBA’s started taking over and giving it away.
My Huawei phone is three years old and still useful for many functions. I like it better than my newer Samsung.
Hey, I remember the 70’s when Detroit cranked out junk for “automobiles”. Toyota kicked their asses for a decade
Gary says it’s time to buy! “https://goldseek.com/article/gold-update-major-breakout-imminent
I think Gary is right on silver…….. way under valued,…… and can only go up from here……
It is JUST TIME FOR THE SILVER TO RUN…… JMO
SILJ barely managed its third straight week above three resistance levels:
https://stockcharts.com/h-sc/ui?s=SILJ&p=W&yr=2&mn=7&dy=0&id=p31240175377&a=1127111463
Next important resistance for SILJ is in the 14.90s…
https://stockcharts.com/h-sc/ui?s=SILJ&p=240&yr=1&mn=2&dy=0&id=t6954344860c&a=847204069&r=1649449428827&cmd=print
The TSX Venture Index now has two weeks above its reclaimed speed line:
https://stockcharts.com/h-sc/ui?s=%24CDNX%3A%24GOLD&p=W&yr=5&mn=9&dy=0&id=p72284552013&a=1111516519
Core Assets SYL CC-CSE, made a nice move up 31.67% today. It will be interesting to here what Nick Rodway say’s when Cory and Shad interview him. DT
I’ve been dabbling in HYMC. Major short squeeze candidate. Smart Money Tracker call bodes well for next week. Too late, or not too late….
Where’s Mathew with TA when punished JR miner investors need his Xpertise!!!
Buzz, Matthew is probably out with his girlfriend, GEEEEZ, give the guy a break! LOL! DT
DT, my wife wouldn’t like that at all! 😉🤭
Buzz, HYMC had a nice bullish reversal yesterday and the picture suggests as much as doubling from here but there’s some resistance along the way. [Much more than a doubling looks likely longer term.]
https://stockcharts.com/h-sc/ui?s=HYMC&p=D&yr=1&mn=7&dy=0&id=p10915952601&a=1140015999
The entire body of last week’s price candle is above the weekly Bollinger Band while the BB is rising steeply. This is conducive to further quick and significant gains.
https://stockcharts.com/h-sc/ui?s=HYMC&p=W&yr=2&mn=7&dy=0&id=p69541539321
Hopefully you bought it a month ago!
(I missed the huge move and still do not own it.)
I was in & out from 1.15 to 1.40ish. My core position went to 3.00 and back down. I’ve been bracketing toward recent low & can better trade the swings now.
Appreciate your outlook, this looks like could be fun!
Who cares about China ? What is the real significance of China, NOT MUCH,
All that China does is sell a whole load of items for the household that break after a year or sooner.
Then you have to buy the same item again, thats basically theft, and its been arranged by the governments. all part of this trade agenda,
And then they show us pictures of Chinese buying luxury goods,
and then these analysts keep talking about China, they seem to really enjoy bringing China into the spotlight, as if Americans or any other country should care