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RE: The Trading Week Ahead: Opportunity Abounds For Us My Lions! By Gregory Mannarino
Greg, I dont belive they will raise the rate. At this point they and we have to start getting things back to fair market value. More us then the FED. I dont believe the FED could care less. It will be intresting on the 14th. Thanks for the info my friend.. stack it high while its low.
Your analysis is correct in as much as rates should not be raised in a failing economy. However, failure to raise rates after so much anticipation has dire consequences for the Fed and the dollar. If the Fed fails to raise rates then that is a huge loss of credibility and confidence. In short they would be admitting to all the lies about the economy. What would be the foreseeable consequences: loss of value in the dollar, loss of confidence in the banking system further withdraws, bitcoin and gold driven higher in a move to safety. It would be almost suicidal. Should be a fun week, remember "Jack be nimble Jack be quick" there is a burning candlestick.
"Profits Roar" Greg. Thanks again. I think that FANG flash crash was just that - a flash crash. There are, as you say Greg so many Distortions in this market because of the PPT that we will be seeing many more of these (Flash Crash) as we move forward. I think you are right the FED will raise rates - But has that caused rates to rise after they raised rates the last time? No. At least Not much and Not for long. Everything is "Rigged" people - Except Cryptos. Go long BTC and especially ETH.
You may be right, we shall see.
I'm not a shrink but know enough to say that schizophrenic behavior is virtually impossible to predict. I really think the FED policies are insane.
Agree, never predictable.