The home of the innovation of the Logarithm of Time as applied to the Markets.
We also watch for and correlate with major Bradley dates and Fibonacci Time and Price sequences.
You know what this means. All those free-floating, debased dollars are going to come home. Result - probable weakening of foreign currencies and upswing in dollar.
All those dollar short positions will have to be unwound fast.
Hi Shankar, Yes, I agree with that. Also, if we have a big correction in the equities market, it tends to increase demand for dollars to settle the sale of those pieces of dollar based corporate paper. At least that is what usually happens..
If I understand correctly, those dollars have already come home: "As of Jan. 20, the Fed held $1.25 billion in dollar "swap" agreements with foreign central banks, down from $63 billion in early September and $583 billion in late December 2008 as the financial crisis was worsening."
If there would be more financial crisis coming, then other the countries will not be able to handle this round as well. ie. it would spread the finacial crisis to other countries. especially is the dollar is getting stronger.
You know what this means. All those free-floating, debased dollars are going to come home. Result - probable weakening of foreign currencies and upswing in dollar.
ReplyDeleteAll those dollar short positions will have to be unwound fast.
Any thoughts?
- Shankar
Hi Shankar,
ReplyDeleteYes, I agree with that. Also, if we have a big correction in the equities market, it tends to increase demand for dollars to settle the sale of those pieces of dollar based corporate paper. At least that is what usually happens..
Mark L.
If I understand correctly, those dollars have already come home: "As of Jan. 20, the Fed held $1.25 billion in dollar "swap" agreements with foreign central banks, down from $63 billion in early September and $583 billion in late December 2008 as the financial crisis was worsening."
ReplyDeleteIf there would be more financial crisis coming, then other the countries will not be able to handle this round as well. ie. it would spread the finacial crisis to other countries. especially is the dollar is getting stronger.
ReplyDeleteDo away with the federal reserve.
ReplyDelete