The Bankruptcies tell me that the unemployment figures are a Fabricated Lie, and are actually much higher.
I personally can't see inflation trending downward when the price of goods being shipped, as well as the crude oil price, are both destined to rise, based on the conflict in the Middle East, and if the US uses ots current series of excuses to start a conflict with Iran, you can be assured that inflation is going to escalate.
Loan defaults cause a loss of value, and thus also contribute to rising inflation.
It appears that those running the speculative prediction probability of interest rate decreases, as well as the Subjective consumer confidence index, are more likely a bunch of bookies running a betting shop, and believing or betting on their odds, is a sure fire way to lose your money.
The Democrat controlled FED and Treasury are going to “juice” the 2024 Election Year with 3 rate cuts to spike everyone’s 401k and IRA to fool the people into thinking Bidenomics is improving the economy and deserves to be re-elected.
Where are the remarks on the CCP meltdown on export and real estate fronts? Or Russia "selling" oil to India that never arrived and is bypassing the Houthi issues in the Red Sea? I thought de-dollarization was a thing, but then how is that possible when the Yuan is being arbitrarily supported by the CCP?
On the others, I would be happy to discuss somewhere to clarify because I think I am not effectively conveying the point.
Not disputing that the US has been engaged in combat with Houthis in the past, we have. In fact, we should probably be sending a few more of them to the grave right now, FAFO.
It is your kind of attitude and that of your fellow Imbecilic Americans in regard to sending others "to the grave" as you put it, that has led to the compounding of the problem in the Middle East, and the hatred for the Disgusting and Depraved attitude of you and your ilk.
Karma of course is what comes to those who wish for the death of others, and you appear to have forgotten what happened on 9/11.
First off it appears that you don't understand de-dollarisation, and the actual effect it is having on the US and the underlying panic in US government financial circles.
Secondly I haven't seen a single indicator to prove that the CCP is propping up the Yuan/ RMB, so can you please provide a link to a credible report in this regard.
Thirdly I find only Bloomberg as being the source report of 5 million barrels Russian oil not arriving in India, given that all reports so far reflect Russian shipping being allowed to move freely through the Red Sea, by the Houthi's, I find this report by Bloomberg to be Incredulous Propaganda, as not a single Indian news agency or other credible source is reporting on this.
The Russians also have multiple ports from which they can ship oil, and are not restricted in terms of shipping routes they can use.
You evidently didn't understand what is happening here, did you???
First off, this is Not the Chinese Central Bank involved, and the individual commercial banks are Not propping up the Yuan at all, they are incapable of that.
Re-read the article again, they are removing US$ from circulation, replacing them with Yuan/ RMB, and then Dumping US$!!!
You asked about de-dollarisation, well you missed it, here it is in action, China is getting rid of US$, hand over fist, because they know there's a financial Crash coming in the US.
First off only a fool would predict exactly when the crash will come, however it will be no different from a change in habit, as described by Ernest Hemingway, it will happen gradually, then suddenly, as has happened with every major event in history.
To determine where it is coming from is easy, and the fact that you can't see it coming, should concern you.
It is coming from American Idiocy, the idea that you can run up $34 trillion in Debt, which is 130% of GDP, and higher than that of half of the 3rd world, with Nothing to show for it, and not suffer the consequences, in combination with the idea that you can control every country on the globe through hegemony, and go to war against those who don't conform, and not suffer the consequences, is an act that only a Moron would commit to.
Consumer confidence went up? I mean, seriously, how is this calculated and who's even being polled for this LOL?
Thanks for your reports, Lena. Have a very merry Christmas!
I thought it was very surprising to see that too, but that's the official data. Merry Christmas!!
The Bankruptcies tell me that the unemployment figures are a Fabricated Lie, and are actually much higher.
I personally can't see inflation trending downward when the price of goods being shipped, as well as the crude oil price, are both destined to rise, based on the conflict in the Middle East, and if the US uses ots current series of excuses to start a conflict with Iran, you can be assured that inflation is going to escalate.
Loan defaults cause a loss of value, and thus also contribute to rising inflation.
It appears that those running the speculative prediction probability of interest rate decreases, as well as the Subjective consumer confidence index, are more likely a bunch of bookies running a betting shop, and believing or betting on their odds, is a sure fire way to lose your money.
Agree, well said.
Many thanks,Your valuable informations and markets' update enable investors to make right descisions.
The Democrat controlled FED and Treasury are going to “juice” the 2024 Election Year with 3 rate cuts to spike everyone’s 401k and IRA to fool the people into thinking Bidenomics is improving the economy and deserves to be re-elected.
Where are the remarks on the CCP meltdown on export and real estate fronts? Or Russia "selling" oil to India that never arrived and is bypassing the Houthi issues in the Red Sea? I thought de-dollarization was a thing, but then how is that possible when the Yuan is being arbitrarily supported by the CCP?
Its spelled CPC (Communist Party of China). There is no such thing as the CCP.
Why would Russian transport have a problem with anyone in Yemen? The US has been killing Yemenis by the thousands for several years.
Finally, why would China not support the Yuan? Duh.
Maybe it is just how we say it in English. https://en.wikipedia.org/wiki/Chinese_Communist_Party, no offense on that front and I appreciate the correction if I am saying wrong.
On the others, I would be happy to discuss somewhere to clarify because I think I am not effectively conveying the point.
Not disputing that the US has been engaged in combat with Houthis in the past, we have. In fact, we should probably be sending a few more of them to the grave right now, FAFO.
It is your kind of attitude and that of your fellow Imbecilic Americans in regard to sending others "to the grave" as you put it, that has led to the compounding of the problem in the Middle East, and the hatred for the Disgusting and Depraved attitude of you and your ilk.
Karma of course is what comes to those who wish for the death of others, and you appear to have forgotten what happened on 9/11.
First off it appears that you don't understand de-dollarisation, and the actual effect it is having on the US and the underlying panic in US government financial circles.
Secondly I haven't seen a single indicator to prove that the CCP is propping up the Yuan/ RMB, so can you please provide a link to a credible report in this regard.
Thirdly I find only Bloomberg as being the source report of 5 million barrels Russian oil not arriving in India, given that all reports so far reflect Russian shipping being allowed to move freely through the Red Sea, by the Houthi's, I find this report by Bloomberg to be Incredulous Propaganda, as not a single Indian news agency or other credible source is reporting on this.
The Russians also have multiple ports from which they can ship oil, and are not restricted in terms of shipping routes they can use.
Since you do not like Business Insider or Bloomberg, https://www.reuters.com/markets/currencies/chinas-state-banks-seen-mopping-up-offshore-yuan-liquidity-sources-2023-08-21/
Read both the Business Insider and the Reuters articles, they Both ascribe the information to Bloomberg!!!
Hence Bloomberg being the only source of this trash.
https://markets.businessinsider.com/news/currencies/chinese-yuan-swap-dollar-prop-renminbi-pboc-property-crisis-2023-11#:~:text=Big%20banks%20in%20China%20are,market%2C%20Reuters%20reported%20on%20Tuesday.
You evidently didn't understand what is happening here, did you???
First off, this is Not the Chinese Central Bank involved, and the individual commercial banks are Not propping up the Yuan at all, they are incapable of that.
Re-read the article again, they are removing US$ from circulation, replacing them with Yuan/ RMB, and then Dumping US$!!!
You asked about de-dollarisation, well you missed it, here it is in action, China is getting rid of US$, hand over fist, because they know there's a financial Crash coming in the US.
When is the crash coming? Where is it coming from?
First off only a fool would predict exactly when the crash will come, however it will be no different from a change in habit, as described by Ernest Hemingway, it will happen gradually, then suddenly, as has happened with every major event in history.
To determine where it is coming from is easy, and the fact that you can't see it coming, should concern you.
It is coming from American Idiocy, the idea that you can run up $34 trillion in Debt, which is 130% of GDP, and higher than that of half of the 3rd world, with Nothing to show for it, and not suffer the consequences, in combination with the idea that you can control every country on the globe through hegemony, and go to war against those who don't conform, and not suffer the consequences, is an act that only a Moron would commit to.
Ok. Positive thoughts for you. I hope you find peace and contentment.