Greg, Interesting movements in the markets today. No sharp selloff so far this morning. Right now bonds are getting a bid, and markets drifting higher. Thanks again for all your musings and insights. Love you trading triggers from your website.. upvoted and resteemed.
We should also pay attention to what is happening with Libor rates. I just looked at the 1 month rate and it is pushing 2.4%. This year has seen steady month on month increases in Libor rates.
The scale of corporate/bank debt is so huge that this steady increase in Libor rates is going to become a problem.
How will the Fed deal with this?
Greg, Interesting movements in the markets today. No sharp selloff so far this morning. Right now bonds are getting a bid, and markets drifting higher. Thanks again for all your musings and insights. Love you trading triggers from your website.. upvoted and resteemed.
upvoted good luck :)
investing here can make people quickly rise.
very Informative post
Good to learn something nice and useful post.
Thank You Greg, I'm Watching your bond chart,
Hey Greg, thanks for the update.
We should also pay attention to what is happening with Libor rates. I just looked at the 1 month rate and it is pushing 2.4%. This year has seen steady month on month increases in Libor rates.
The scale of corporate/bank debt is so huge that this steady increase in Libor rates is going to become a problem.
How will the Fed deal with this?
I personally would like to see some money move into the Commodities and crypto currency’s, cheers mike
Things keep looking shakier. Surprised they were able to lower gold after it has been over 1300 for so long.
upvoted and resteemed.
Thank You, Gregory, Upvoted, and Resteemed. BYOCB.