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CPI Shows a Hot Inflation, Fed Chief Will Have Hard Time in the Congress Tomorrow


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#11 pdx5

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    I want return OF my money more than return ON my money

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Posted 13 July 2021 - 03:06 PM

But does it really matter, it's easy to print, print, print, turn away for a second and it just disappears.  If you think about it, if we could all print money we'd all be rich lol!! 

Actually I am glad I can't print. If I had unlimited money, I would be dead long ago with life in the fast lane chasing wine, women and song.


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#12 12SPX

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Posted 13 July 2021 - 03:18 PM

Aren't you doing that anyhow lol!!  yes.gif



#13 redfoliage2

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Posted 14 July 2021 - 02:25 PM

The Fed chief still thinking the inflation transitory:

 

https://www.barrons....tch-51626265499



#14 fib_1618

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Posted 14 July 2021 - 02:46 PM

The Fed chief still thinking the inflation transitory:

 

https://www.barrons....tch-51626265499

 

Yep... but it’s always unsettling when a fundamentalist agrees with me.

 

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#15 redfoliage2

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Posted 14 July 2021 - 04:57 PM

Powell or Power > the yield for 10 year bond dropped near 5% today.  It looks that the Fed is still in control.  So it's likely bulls will enjoy more new highs in the stock market ...........................


Edited by redfoliage2, 14 July 2021 - 04:59 PM.


#16 redfoliage2

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Posted 15 July 2021 - 09:20 AM

Expect the Fed chief to say same thing in the House today.   I'd expect market volatility remains low this summer  ..............................


Edited by redfoliage2, 15 July 2021 - 09:29 AM.


#17 redfoliage2

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Posted 15 July 2021 - 11:40 AM

Watch for a press conference from BOJ tonight .....................



#18 redfoliage2

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Posted 15 July 2021 - 02:22 PM

BOJ tonight is likely to state their monetary policies following the Fed, let's see how the futures market will react overnight.  It looks to me going to be positive reactions on the futures market .................


Edited by redfoliage2, 15 July 2021 - 02:24 PM.


#19 redfoliage2

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Posted 16 July 2021 - 08:49 AM

Gap and crap? This topping market is losing steam .

Edited by redfoliage2, 16 July 2021 - 08:53 AM.


#20 redfoliage2

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Posted 16 July 2021 - 02:19 PM

Still more upside left for the next week after this OpEx is done.  I'd not be surprised to see new highs again next week.  Next Monday could be a big up day ........................


Edited by redfoliage2, 16 July 2021 - 02:22 PM.