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Forex Forum Archive for 01/22/2022

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Mtl JP 23:12 GMT January 22, 2022
mkt

pundits a-buzz
-
BTC/USDT (alleged “digital gold”) 34,850.09
24H High 36,803.43
24H Low 34,038.83

It appears that "Bitcoin’s decline from its peak has wiped out more than $600 billion in market value, and over $1 trillion has been lost from the aggregate crypto market."

and here come the gov't types (just not soon nuff) lead by ...
(Bloomberg) White House Is Set to Put Itself at Center of U.S. Crypto Policy
Biden administration said to aim for February executive order
Directive would call for reports from federal agencies

The Biden administration is preparing to release an initial government-wide strategy for digital assets as soon as next month and task federal agencies with assessing the risks and opportunities that they pose, according to people familiar with the matter. .../.

I wonder ... is $1 trillion wipe-off somehow "tightening".

dc CB 22:55 GMT January 22, 2022
BIDEN

link

https://www.freightwaves.com/news/us-to-close-borders-to-unvaccinated-canadian-mexican-truckers-on-saturday

dc CB 22:52 GMT January 22, 2022
BIDEN

y Nate Tabak of FreightWaves,

The U.S. will close its borders to unvaccinated and partially vaccinated Canadian and Mexican truck drivers on Saturday, the Department of Homeland Security said on Thursday.

“These updated travel requirements reflect the Biden-Harris Administration’s commitment to protecting public health while safely facilitating the cross-border trade and travel that is critical to our economy,” Secretary Alejandro Mayorkas said in a statement. 

NEW: Beginning Saturday, January 22, DHS will require non-U.S. individuals seeking to enter the U.S, via land ports of entry and ferry terminals at the U.S.-Mexico and U.S.-Canada borders to be fully vaccinated for #COVID19 and provide related proof of vaccination.
— Homeland Security (@DHSgov) January 20, 2022

Mtl JP 15:10 GMT January 22, 2022
BIDEN

swedes in stockholm this aft against covid passpot
pic curtesy my cousin

Mtl JP 14:57 GMT January 22, 2022
mkt

little comfort, one question
wind of panic on w/s: simple correction or prolonged depression?
-
a breeze of panic blew on Wall Street this week and after Nasdaq's priceaction - down more than 15% from mid-nov record - of this last week headlines are alleging players are wondering if the market will stop at a correction or if we - collectively in the wide economy - are approaching a (prolonged ?) depression.
Pundits are co-mingling digressionary risk for the economy with risk to Biden's administration.

The S&P 500 - a broader market representation - is down 8.3% ytd.

Netflix had -21.79% spectacular crap on Friday. From approx november $700 high puppy is at around $400. That much for peasants having their gizzards (401 savings plans) stuffed by wallstreet peddlers. So far it appears the w/s wizzards are pinning the blame on sleepi joe.

Headlines appear to rationalize that it is the prospect of interest rate hikes by the Fed - allegedly interested in curbing inflation - that is shaking Wall Street. And so now pundits are punditing about how much of a correction to turn into a “bear market” and are generally arguing that the US economy is still expected to grow vigorously in 2022 as it recovers (yellen's theme) from the impact of the pandemic just as "expert" forecasters are cutting down their projections. (4.2% from 4.6%) And so the "blame" is being pinned on the FED and the expected duration of inflation.

As the good economist pundits that they are there is always that "on the other hand" obligatory missive by the kabuki optimists: the correction, if not too prolonged (whatever that is), is healthy in overvalued market (who had known, eh?). And suddenly the P/E ratio as key indicator of stock valuation is being trotted out and made out to make sense of the market (currently at 21.2x for S&P 500). And this good-old metric is now illustrating musings about this and that correction on the time-line ... and how quickly and massively what level of correction gets corrected itself.

Mtl JP 13:06 GMT January 22, 2022
mkt

... frustrated ?
-
... "My advice to everyone out there who's frustrated, sad, angry, pissed off.. have a margarita" ...

Psaki advises

macao win10 03:45 GMT January 22, 2022
bitcoin
Reply   
Golden chance to load bitcoin is coming. $32000-33000

dc CB 01:16 GMT January 22, 2022
mkt

PAR, JP, that MiroMiniMe Guy.


Repeat this day after day as you drink that cup-a...coffee

cheers y'all

turn to wake-up to: Money

hk ab 01:06 GMT January 22, 2022
betcoin
Reply   
nt// loading at $30K?
I will give my luck try at 20-22K.

 




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