"inflation is part of an "economy in transition" and that the only way out is complete global vaccination."? Hell yeah... that`s a very useful explanation of the inflation.
Mtl JP 13:40:23 GMT - 10/17/2021
some msm headlines on "inflation"
Treasury official claims inflation part of 'economy in transition,' only way out is 100% global vaccination
A top Treasury official this week claimed that the recent surge in inflation is part of an "economy in transition" and that the only way out is complete global vaccination.
Rising Rents Are Fueling Inflation, Posing Trouble for the Fed
Economic policymakers have said inflation will prove temporary, but rising rents may challenge that view and pressure Washington to react.
Uncomfortable inflation is here, and it's changing the economy
American families and businesses are changing their habits as they increasingly believe high prices are here to stay.
What Is 'Transitory' Inflation, and When Will Prices Come Down?
Inflation happens when the prices of goods and services increase over time. The Federal Reserve likes for inflation to average out to 2% over the longer run. In a perfect world, sometimes it'd be above 2%,
Transitory Inflation Argument Losing Steam
When the Consumer Price Index (CPI) began trending higher in earnest earlier this year, it was common for experts, market observers, and pundits to say that inflation would prove transitory. While high inflation won't be a permanent fixture,
The Federal Reserve Is Fighting the Wrong Inflation War
Mtl JP 13:30:36 GMT - 10/17/2021
janet "go big" yellen
Treasury Secretary Janet Yellen expects increased prices at grocery stores, restaurants and elsewhere to eventually ease up once supply chain issues are resolved.
"I believe it's transitory. But I don't mean to suggest that these pressures will disappear in the next month or two," Yellen told "CBS Evening News" anchor and managing editor Norah O'Donnell on Tuesday.
..."In yesterday's FOMC minutes, we found that Fed officials largely unanimously agreed they should start reducing emergency pandemic support for the economy in mid-November or mid-December amid increasing concern over inflation. Bullard, however, wants a more rapid pace that is completed by the end of the first quarter to give policy makers the flexibility to raise rates sooner if needed to keep inflation in check. Of course, what he wants, is irrelevant as he does not vote on monetary policy this year." ...
Regardless of bullard voting or not, I do not want to err on side of dismissing FED's Machiavellian kind of communication.
The FED gang knows. The IMF knows
- It was not long ago that China was being peddled as THE economic engine that would pull the world out of economic toilet, hallucinations extrapolated from China's role after the 2008 debacle.
ok puppy, lie down and keep calm - at least on the less than hrly bars
in the grander scheme of things things continue bear-ish.
I continue to favor trading the puppy from the short side; pops are selling opps for me
Mtl JP 13:47:42 GMT - 10/15/2021
apparently "Barkin leaning toward starting taper in mid-November"
* sit up and take notice
Crypto could cause 2008-level meltdown, Bank of England official warns
“When something in the financial system is growing very fast, and growing in largely unregulated space, financial stability authorities have to sit up and take notice,”
‘censored This Bubble’: Morgan Stanley CEO Calls For Fed Rate Hikes
-"markets are ready for them" - James Gorman
Fed’s Harker: Soon Be Time Start Tapering Asset Purchases
Mtl JP 17:39:16 GMT - 10/14/2021
"The Federal Reserve system remains focused on maintaining “flexible and adaptable” policy implementation, a New York Fed official said Thursday, without offering any fresh details about the central bank’s forthcoming plans to taper monthly bond purchases.
Officials are continuing to work on ways to improve the resiliency of the U.S. Treasury market, while also keeping their eye on technological innovations and the approaching end of LIBOR, or the London Interbank Offered Rate, said Lorie Logan, an executive vice president in the markets group of the New York Fed. " .../..
I am expecting 1.1575 / 1.16 to hold Res
NY JM 13:25:26 GMT - 10/13/2021
FX is following US bond yields, which have slipped back to pre-CPI levels
Belgrade Knez 10:39:32 GMT - 10/13/2021
Mtl JP 10:21 GMT October 13, 2021
now back up to 94.40 to form right shoulder.?
Mtl JP 10:21:03 GMT - 10/13/2021
Do you need to be told how to play this ?
I did not think so *-*
Mtl JP 07:18:17 GMT - 10/13/2021
sometimes some are better than others
Fed’s Bullard says bond purchases should be tapered quickly in case rate hikes are needed - Jeff Cox
Inflation gauge should be hot again in September and for the months ahead - Patti Domm
Mtl JP 06:55:08 GMT - 10/13/2021
how is this headline for schlock journalism (Rich Miller and Jana Randow)
October 12, 2021 (Bloomberg) -- The International Monetary Fund warned of the risk of sudden and steep declines in global equity prices and home values as the Federal Reserve and other central banks withdraw the support they’ve provided during the pandemic.
Value: is that utility which something provides for which it was designed
Price: is that number of some moola at which title passes from one to another.
BUT at least the IMF seems to "get it"
“Downside risks to house prices appear to be significant. In a worst-case scenario, the house price decline over the next three years is estimated to be about 14% in advanced economies and 22% in emerging markets.”
Mtl JP 06:42:28 GMT - 10/13/2021
Key is to correctly gage what is theme the market is pricing.
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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