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swd commented Mar 11, 2020Lowering the bank base rate will do more for the banks than it will the peple and small businesses. I wouldn't assume the banks will pass this onto mortgage lenders and small businesses just as fuel pump prices are not really coming down given the ...
Bank of England measures to respond to the economic shock from Covid-19
- swd replied Mar 6, 2020
Sell back down to support (greedy, want better price) then blast it up to next target higher.
"AUSSI" my thread and anything I want to put here
- swd replied Mar 6, 2020
At beginning of day, draw the quarterly and weekly pivot levels on the phone beforehand, then they are there all day. That's what I do when out. They are just horizontal lines, usedifferent colours to identify.
"AUSSI" my thread and anything I want to put here
- swd replied Mar 6, 2020
They won't be playing against, just mild hedging against using other parts of the book, in case. It's about risk. For the most part they will be following.
"AUSSI" my thread and anything I want to put here
- swd replied Mar 6, 2020
Aside from making money on your commission and spreads, I guarantee your broker is at least partly copying your trades with mild hedging against. They are not going to let an opportunity like that slip through their hands. Well done mate. Awesome ...
"AUSSI" my thread and anything I want to put here
- swd commented Mar 6, 2020
In real terms if you price your house to sell it will sell. If you are greedy, it will wait around for 6 months until a man with a duck on his head turns up to buy it. Carry on as you were.
Annual house price growth at 2.8%
- swd replied Mar 5, 2020
It's a great time for all the b4llshitter$ to get their bad numbers out of the way, governments, central banks, companies, everyone. All it needed was a crisis like this to let the "bubble deflate".
The Swamp
- swd commented Mar 5, 2020
BOC'S GOV. POLOZ: I'LL EXPECT WE'LL SEE CONSUMER CONFIDENCE DECLINING AS THIS UNFOLDS, "HOPE" LOWER RATES WILL MITIGATE THE DECLINE. "HOPE" is not a strategy my friend. What else ya got?
BOC's Poloz: Was shifted toward a rate cut regardless of virus
- swd commented Mar 5, 2020
Higher Treasury yields generally increase the value of the dollar. The Treasury yields are at an all time low due to demand as a safe haven as we speak.
Poloz: A Progress Report on the Economy
- swd commented Mar 5, 2020
Coronavirus or not, the markets are currently in the process of shafting all the carry traders (hedge funds) so unwinding on that. USDMXN, USDJPY, USDCHF, EURUSD, CADCHF. You name it, and it's on the unwind. Funny how opportunity is presented in the ...
U.S. dollar struggles to make headway as traders price in more Fed cuts
- swd commented Mar 4, 2020
If you believe these creeps have anyone's interest at heart but their own,good luck to you. Fiddling around with poxy interest rates whilst Rome is burning. Shame.
Follow the Fed? Why central banks will not be rushed on coronavirus response
- swd replied Mar 4, 2020
Beginning to think there might be a newly arrived sock-puppet account on this thread... hmmm
The Swamp
- swd commented Mar 3, 2020
If there are no people, business will also go down. Plan to tackle virus first, then worry about economy. Tests, equipment, plans. Not cutting CDC budgets. Rates could have been reduced before virus to prop businesses.
Mnuchin hails Fed decision to cut rates amid coronavirus outbreak, as Trump calls for more...
- swd commented Mar 3, 2020
Yes. First try and contain the virus, then delay its spread, then research it (possible cure plus eta?) and then mitigating its impact (like lowering interest rates to jump start a failing economy). Not going straight to step 4.
Mnuchin hails Fed decision to cut rates amid coronavirus outbreak, as Trump calls for more...
- swd commented Mar 3, 2020
Trump guts CDC budgets over a 2 year period then has to get FED to cut interest rates because he can't respond to the crisis any other way. Lame.
Fed cuts rates by half a percentage point to combat coronavirus slowdown
- swd commented Mar 3, 2020
Not yet heard a valid reason "why" he cut rates against coronavirus, other than wishy washy consumer confidence. Given they don't have a handle on it at this stage, only the notion that it will affect the economy (as always). How will it really ...
Mnuchin hails Fed decision to cut rates amid coronavirus outbreak, as Trump calls for more...
- swd commented Mar 3, 2020
I expected it as well, but that's not what I'm talking about.
Fed cuts rates by half a percentage point to combat coronavirus slowdown
- swd commented Mar 3, 2020
Doesn't make much sense to cut rates at this stage. Try testing for it first! Contain the virus, delay its spread, research it (cure?) and then mitigating its impact (like lowering interest rates to jump start a failing economy where supply could ...
Fed cuts rates by half a percentage point to combat coronavirus slowdown
- swd commented Mar 3, 2020
So.... "they didn't keep the rates". lol. There is never a shortage of as$holes who think they know what they are talking about...
Statement of G7 Finance Ministers and Central Bank Governors
- swd commented Mar 3, 2020
Oddly enough, FED have cut by 0.5%. So what does that make this tweet worth?
G7 Draft: Doesn't include language for spending or coordinated rate cuts by CBs