dc CB 23:45 GMT August 1, 2023
Mkt
Update (1750ET): Treasury Secretary Yellen is pissed, calling the downgrade �arbitrary� and �outdated.�!
�I strongly disagree with Fitch Ratings� decision. The change by Fitch Ratings announced today is arbitrary and based on outdated data. Fitch�s quantitative ratings model declined markedly between 2018 and 2020 � and yet Fitch is announcing its change now, despite the progress that we see in many of the indicators that Fitch relies on for its decision. Many of these measures, including those related to governance, have shown improvement over the course of this Administration, with the passage of bipartisan legislation to address the debt limit, invest in infrastructure, and make other investments in America�s competitiveness.
https://www.zerohedge.com/economics/fitch-cuts-usas-aaa-rating-cites-fiscal-deterioration-erosion-governance
GVI Forex 23:10 GMT August 1, 2023
Mkt
Aug 1 (Reuters) - Ratings agency Fitch on Tuesday downgraded the U.S. government's top credit rating to AA+ from AAA, citing an expected fiscal deterioration over the next three years as well as a high and growing general government debt burden
Fitch cuts US credit rating a notch from AAA to AA+
GVI Forex 21:56 GMT August 1, 2023
Mkt
ALERT
Entry: Target: Stop:
Fitch placed USA on negative watch back in May, now has cut the US rating from triple A
dc CB 21:21 GMT August 1, 2023
August---Hey money, home sweet home.
Reply
API reports that Crude stocks fell 15.4mm barrels last week (yes 15.4!!!) - over 10x expectations.
Crude -15.4mm (-1.3mm exp) - biggest weekly draw on record
Cushing -1.76mm
Gasoline -1.68mm (-1.3mm exp)
Distillates -512k (-100k exp)
ZH
Caribbean! Rafe... 20:46 GMT August 1, 2023
July and goodbye---money needs a new home
In anycase... Media is not good for this country...
Media turns the public into "oolu to give them thullu!!!"
oolu = fool
thullu = p*nis
Caribbean! Rafe... 20:40 GMT August 1, 2023
July and goodbye---money needs a new home
dc CB 23:38 GMT 07/30/2023
cb// To which one of my posts do you refer when stating "Rafe----you can't make this stuff up......"
I'm already putting my neck on the line to protect the investors from the cruel media. But can't cross those self imposed & self enforced boundaries to name the stocks which will spark the stampede...
dc CB 15:55 GMT August 1, 2023
War coming to Russia
Excuse us---our Fact Checkers have pointed out that we have made and errror:
*****the New Reality Show --- "You Bet Your Life"*****
You Bet Your Life is an old US TV program from the 1960's, staring one of the Marx Brothers--Groucho. (say the secret word and win $25)
The New series with The Zee-Man is called --- "WE Bet Your Life"---
dc CB 15:46 GMT August 1, 2023
War coming to Russia
dc CB 17:10 GMT 07/31/2023
The REALITY of the Game the 'Gaslit' West is playing--....
_________________________________________________-
The ZeeMan---a TV comedy performer...and now front man for the New Reality Show --- "You Bet Your Life". Premeres August 1st.
Here's what the critics are saying:
" Ukrainian presidential adviser, Mykhailo Podolyak:
"Moscow is rapidly getting used to a full-fledged war, which, in turn, will soon finally move to the territory of the "authors of the war" to collect all their debts �
"Everything that will happen in Russia is an objective historical process. More unidentified drones, more collapse, more civil conflicts, more war..."
Escalating War Into Moscow With 2nd Drone Strike On Skyscraper Housing Government Ministries
Mtl JP 15:40 GMT August 1, 2023
Mkt
players maybe screwie-pricing ISM as incoming data input into jerome's "everything" rate-hiking cycle could end soon but may also continue decision formula
GVI Forex 14:23 GMT August 1, 2023
Mkt
Yitlds tick up despite weaker ISM
Hk Ab 13:18 GMT August 1, 2023
Mkt
Reply
Mkt needs a washout, for those don�t believe 10 years dashing to 5
Mtl JP 13:00 GMT August 1, 2023
mkt
EURO 1.0954
just few pips above pivot 1 S
no guarantee just fwiw
Mtl JP 12:54 GMT August 1, 2023
mkt
I see vertical lines on various price charts
general point
stock markets' circuit breakers kick in when prices drop 7% 13% and 20%
Mtl JP 12:42 GMT August 1, 2023
mkt
maybe today's hinge
Belgrade Knez 12:28 GMT August 1, 2023
USDX
Reply
USDX resistance at 102.33 .... let see how strong it would be
GVI Forex 12:27 GMT August 1, 2023
mkt
US yields up today
Mtl JP 12:25 GMT August 1, 2023
mkt
143.17 ...
I see tech Res around 143.45/50
Mtl JP 12:17 GMT August 1, 2023
mkt
usdjpy 143.07 , jp 10yr 0.613 , uP a bit
poof goes 142 upper handle
i suspect speed is what gets BoJ s attention
Mtl JP 12:07 GMT August 1, 2023
mkt
seeking alpha oozing delight:
-
"Rally On
Stocks are beginning August with some major gains, with the benchmark S&P 500 Index (SP500) soaring 20% so far in 2023. That's the best seven months to start a year since 1997, with markets expecting the Fed to soon turn the corner on its fight against inflation. The tech rebound and AI frenzy have helped to further underpin the big gains, with the Nasdaq Composite (COMP.IND) ahead by 37% to record its best first seven months to a year since 1975, while the Dow Jones Industrial Average (DJI) has also been on a serious winning streak since early July.
Throwing in the towel: Morgan Stanley strategist Mike Wilson, who has been bearish on equities through the 2023 rally, now sees a late-cycle rally driven by monetary policy. "In our view, the positive policy impact has been supported by a very strong fiscal impulse, a still supportive global liquidity backdrop and optimism that the Fed can now transition to easier monetary policy given the falling inflation data. These developments fostered a robust rally [in 2019] that was driven almost exclusively by multiple and not earnings, as has been the case this year."
Mtl JP 12:01 GMT August 1, 2023
mkt
EURO 1.0975
s/t bearish while sub 1.10
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S 1.0950
Mtl JP 11:54 GMT August 1, 2023
mkt
DLR/x 101,95
clearly players are currently enamored w the buck
leaving equities on side and down some
Qtn now is how much more love can the DLR expect from players
on deck
PMI and ISM
Mtl JP 01:45 GMT August 1, 2023
mkt
usdjpy 142.71 - and closing on previous spike-high (toooott)
-
that is a pretty sanguine quipp about BoJ and "the benchmark Japanese government bond yield" Stephen (curr.: .60%)
IFM says japan debt to gdp is around 260% - and expected to bloat.
It is not a secret Speculators and the BoJ are playing an unfriendly game of poker. The unfriendly part seems to center around the BoJ's extreme dislike about price "surges" or "sudden spikes" and Speculators penchant for fluctuations.
lets go 1% !!
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