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Schultz commented Sep 3, 2025I know. I guess what is unfair is that the innocent original poster was a "real" name, not a mongrel bot.
UK 30-year yield climbs to 5.66%, highest since 1998 - BBG
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Schultz commented Sep 3, 2025Minor technical point - the yen has been floating for many many years and thus cannot be devalued. It has depreciated against the USD due to market forces which are a combination of many things (relative interest rates being one factor). Whatever ...
BoJ's Governor Ueda: discussed with PM Ishiba on economy, financial markets
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Schultz commented Sep 3, 2025Pretty lucky that stupid bots can hide behind anonymity, trying to tell someone to stop trading in a most patronizing manner. That bizarre and somewhat pathetic squawk is 1. about the USD in response to 2. someone merely clarifying, quite rightly, ...
UK 30-year yield climbs to 5.66%, highest since 1998 - BBG
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Schultz commented Sep 2, 2025Yep. Lots and lots has been written about that. Not less is more, but something like that is good. Not too much, not too little. AI might help people who don't enjoy researching for themselves.
Is ChatGPT the Future of Forex Trading?
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Schultz commented Sep 2, 2025Nah. AI doesn't do away with rigorous backtesting. It may suggest some tweaks, should you have a well defined system in place, and it is up to you to decide how to implement the tweaks. That is as I understand it. Naturally these things are fluid - ...
Is ChatGPT the Future of Forex Trading?
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Schultz commented Sep 2, 2025I like skimming for some juicy details. This was pretty cool - ISM
's Imports Index remained in contraction for the fifth month in August after expanding for three straight months. The August figure of 46 percent is a decrease of 1.6 ...US Manufacturing PMI at 48.7%; August 2025 ISM Manufacturing PMI Report
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Schultz commented Sep 2, 2025Might be a bit harsh. It was just a spot check on a rate that hadn't been seen since 1998. That's all. I had a check on Long Gilt futures, which are based on a basket of bonds about 10 years maturity, and they are about where they were in 1992. Hmm, ...
UK 30-year yield climbs to 5.66%, highest since 1998 - BBG
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Schultz commented Sep 2, 2025A couple things. Having now read the article, it is very obvious this is not for newbies. This is corroborated by something I forgot - Some months ago I watched a video of an experienced trader use Grok in developing a trading strategy. It was not ...
Is ChatGPT the Future of Forex Trading?
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Schultz commented Sep 2, 2025Its alive! Not only is the economy not very fit, its currency runs out of puff and needs a breather.
Australia, NZ dollars run out of puff, economies not much fitter
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Schultz commented Sep 2, 2025Anecdote - I just happened to be reading about the context of Oct 1987 stock market crash in a novel about Jim Simons. Now, that was nearly 40 years ago, but ya know what? It was machine based orders that perpetuated that. The lower the market went, ...
Is ChatGPT the Future of Forex Trading?
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Schultz commented Sep 2, 2025Isn't this a truly wonderful and pleasing new adventure for all those bots asking "gold up?" or losing their account every time Trump speaks or a bird falls from the air.
Is ChatGPT the Future of Forex Trading?
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Schultz commented Sep 2, 2025Somehow I suspect that Bessent did not receive legal advice on that opinion. That was an US Act. Without checking, that means that it was passed by Congress. What similarities does that have with Trump making an executive decision about tariffs? ...
Trump: Without Tariffs, and all of the TRILLIONS OF DOLLARS we have already taken in, our...
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Schultz commented Sep 2, 2025Oh, and I would raise your bet and go on a bit of a tangent about something that has become demonstrably obvious with Trump. Lagarde is well within her rights to point out some truths. A shame so many other people in high office from outside the US ...
ECB’s Lagarde warns of risk to world economy via Trump interference on Fed
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Schultz commented Sep 2, 2025Well, I guess it's not a lie, if you believe it.
ECB’s Lagarde warns of risk to world economy via Trump interference on Fed
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Schultz commented Sep 2, 2025That is incorrect. The US economy is worse off than it was before when it imported the product. That a tax makes it appear otherwise is a really good example of why taxes distort decisions away from the optimal allocation of resources. The people in ...
Trump: India offered to cut their tariffs to nothing, but it’s getting late
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Schultz commented Sep 1, 2025India imposes high tariffs on pretty much every country. So don't pull out the victim card, Trump. And hey, look at what good those tariffs have done for the progress of India! Open your eyes. Yes, there are other factors of course, but tariffs and ...
Trump: India offered to cut their tariffs to nothing, but it’s getting late
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Schultz commented Sep 1, 2025Well yes there is all that and more of course, but I was feeling a bit slightly overwhelmed to begin to address the elephant in the room. As a conservative I am shocked, horrified and mortified at Trump. I have high standards for anyone who is on my ...
Trump: Without Tariffs, and all of the TRILLIONS OF DOLLARS we have already taken in, our...
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Schultz commented Sep 1, 2025That kinda response reminds me of the hate and vile some people had for Lady Margaret Thatcher.
ECB’s Lagarde warns of risk to world economy via Trump interference on Fed
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Schultz commented Sep 1, 2025What did she say that hit a raw nerve with you?
ECB’s Lagarde warns of risk to world economy via Trump interference on Fed