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RE: LIONS! Weak Economic Data Means Opportunity Before The Fed. Announcement. By Gregory Mannarino
meanwhile the BOC is thinking about raising interest rates in this bubble real estate. When should we call this pop Greg?! And how do we profit on it :)
The central banks never had an exit plan, all they know is how to inflate and there is going to be a terrible price to pay for this at one point. Until all these bubbles burst we will simply look for opportunity to rip the face off all of these distortions. Moreover, when these bubbles burst we will take advantage of that big time.
The last bubble to burst will be the one from people blowing chewing gum bubbles. But those people will be standing still because most people can't even walk and chew gum at the same time!
Rip the face off the bubbles!
no choice but to play in the reality we are given. I have 4 kids and I'm scared about what their future will bring. Pacified with all the creature comforts as well. Bad is not the word to describe it.
Of course they don't have an exit plan. The question is whose balance sheet is better? The Fed's or the ECB's? My vote is the Fed and that's why I refuse to believe this sell-off in the USDX is real until we get a real washout in the Euro, which, so far, they have avoided.
LMAO! You are getting CRUSHED on both sides of your 3 tech trades. How do you do it? LMFAO!! Go ahead and close em out so I can post you losing results at my Greg Bananarino truth in disclosure blog. Can't WAIT for your next dummass trade. Don't forget to flag me, clown. :-)
The whole worlds interest rates rise with the US rate as it's the world base currency. The country's central bank might not officially raise theirs but the highstreet banks will to cover costs. It happened last time here in Australia home owners found their mortgage rising by 1% to 2% as well as restrictions on offset accounts and increased account charges.
With the Australian private debt to GDP now at 223.38% any increase will effect the whole economy.
China is cutting off the flow of money into Canadian real estate on July 1st. This continued move out of the dollar will also stop that flow. If the BoC raises rates they will collapse the Canadian financial sector. I think we have another 1-2 months, max of euro/EM strength at most.