What are the stock markets doing with the pseudo deal between the USA and China? It’s a pseudo-deal because it’s just a verbal declaration of intent. According to the Trump administration, written declarations should not be made until mid-January. But only written agreements are relevant (because they are verifiable). It is questionable whether there will ever be a written version of this so-called deal. What is striking is that Trump hardly celebrates the deal (unlike China). On Friday, profit taking began after the Chinese PC. The stock markets normally have the best performance between mid-December and the end of the year. But the Fed is forced to pump a gigantic amount of liquidity into the repo market by the end of the year.
The price of Gold has been falling for several days. At currently $1,708, Gold has lost a lot. If you look at the high from the beginning of last week at $1,764. The basic mood […]
Donald Trump has been shaking the Fed for weeks with a kind of “verbal drumfire”. And now again late last night. As US President, we might think he thinks it would be great if the […]
Despite the Fed’s emergency interest rate cut, equity markets came under greater pressure yesterday. But the bulls still have a chance now if a pattern from 2007 is repeated. Back then, too, the stock markets […]