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- dantpm replied 1 hr 23 min ago
FUCK there aren't enough thumbs up for this post!
- dantpm replied May 2, 2024
The FED is not raising rates because the FED is not as a political as it is supposed to be. It is an election year heading into summer voting conferences. Inflation would normally warrant tougher talk and possibly small rate increases because it is ...
- dantpm replied Apr 30, 2024
If your government is anything like Canada's, it's just a joke! The politicians are lap dogs to the bureaucrats who really run the system. I know backwards to the design! The system evolves according to its whims and continues to put all kinds of ...
- dantpm commented Apr 28, 2024
Myth 1, that the FED is independent of of the government!
- dantpm replied Apr 27, 2024
You are ignoring that this is an election year. The FED doesn't have to raise rates just keep them at the current level as inflation is slowing, very slowly. They won't raise rates because to do so would put pressure on Biden's re-election ...
- dantpm replied Apr 27, 2024
I believe that I agree with most of what you are saying. The market will do its thing and manipulation is part of the game, is very true. Not sure if I agree that it shouldn't impact your trades. Flat out, it will. Hopefully and with good money ...
- dantpm commented Apr 25, 2024
China isn't going to be bullied by the US. Not in Iran. Not in the south China Sea. Not in the BRIC's. Not with Russia relationships. The US gets to 'dance' but that is all that this is! Hilarious how a year ago the US was talking about going to war ...
- dantpm commented Apr 17, 2024
Powell is in charge of rates and he clearly states that rates can't come down until inflation comes down. Employment simply confirms that the FED isn't hurting the economy according to the FED. I guess the economist doesn't actually listen to the ...
- dantpm replied Apr 17, 2024
The US has been protesting past Japanese intervention...
- dantpm commented Apr 17, 2024
A couple of small details, China has been increasing trade and investment in Iran for a couple of decades now and might object to an all out war with Iran and the Saudi Iran conflict has not been put to rest but is not as big a deal as it was in the ...
- dantpm replied Apr 17, 2024
'Summer rate cuts' or 'bait for convention vote rate cuts' are very possible but will be short lived!
- dantpm replied Apr 17, 2024
Until you get a new Fed Chairman or a debt to gdp ration less than 100%(?), I believe you are magically going to see data that suggests inflation is higher than 3% and doesn't justify a rate cut. But I have been saying similar things for a while now. ...
- dantpm replied Apr 17, 2024
Possible rate cut based on what?
- dantpm replied Apr 16, 2024
Too many times we have seen Powell or Bailey say nothing and the market spike to believe that there is a substantial connection. It is all about what the market wants to do in the short time frame!
- dantpm replied Apr 16, 2024
The reason for trading a small account is to learn in the real world, once the strategy or approach is proven you can 'throw more money' at the situation or possibly even look towards a funded prop account, ...
- dantpm replied Apr 15, 2024
Actually he has! I had family in Ukraine and have been aware of what has been going on for years! Instead of the propaganda news you can easily research how the US destroyed Ukraine and is now trying to drag all of Europe into it! Valentine is one ...
- dantpm replied Apr 15, 2024
Here is a great example. The Viet Nam war. url The US prevented internationally supervised general elections in 1956 that resulted in the war. On the right side of democracy?
- dantpm replied Apr 15, 2024
Yeah that's the whole point. The US is behind most global conflicts! They have been for the past 60 years! I am not sure where you have lived, visited or what your background is. I have lived more than 60 years, put on a lot of travel miles and ...
- dantpm replied Apr 15, 2024
Not so sure that there are many countries that want to expand. Russia appears to be content to stay within its borders. They just want the US and Ukraine to stop shelling their borders. China does appear to want to expand into the south China Sea. ...
- dantpm replied Apr 14, 2024
You are kidding! Since WW2 the US has done more to f---up the planet than any other country. Some of the famous screw ups, putting Saddam Hussein in power in Iraq and allowing him to commit horrendous crimes until he started offering to sell oil for ...