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Watch the Unemployment! This is the Key.
Posted by kurtosisTUnemployment is still the key.
Unemployment is still the key.
Yes thats right today the Fed …(cuts rates to ZERO) it decided to come out and shoot all its ammo at this crisis that makes me wonder what happens if it doesn’t work! Then the ink in the presses maybe in short supply.
What will this do at the back end of this crisis as I have said before I am very worried about inflation after the economy has been reinflated. What happens to the dollar and inflation?.
Today we saw the DX (dollar index) sell off and a broad sell off of the USD. This tells me the story. Gold rallied. Commodities rallied.
Nationalise THE USofA. The Government is the market. Crazy stuff.
I think that today’s EQUITY rally was only a short cover! Next week we will be asking ourselves about what the Fed can do to next help this crisis.
Whats the theme:
Buy Commodities
Buy Gold (Physical)
Buy Metals/Steel
Sell DX / Dollars
Sell Credit card Debit