There was a time long long ago when I could walk into the Soybean pit holding a long position and not consider those with short positions to be inferior. It was just a trade. For many traders today, their position is their religion. I guess that's fine for you. Christ is my $BTC
Markets priced recession not inflation with tariffs and now they are pricing rate cuts with lower than expected CPI figures. I believe it’a highly likely that carry trades would return if Fed doesn’t cut on September
Markets priced recession not inflation with tariffs and now they are pricing rate cuts with lower than expected CPI figures. I believe it’a highly likely that carry trades would return if Fed doesn’t cut on September
I have two simple rules of thumb:
1. I don't take advice from those who haven't accomplished what they are teaching.
2. I always listen carefully to those who have accomplished more than me.
This truly is the most incredible market of all time.
We have gone from “reciprocal tariffs,” to a 90-day tariff pause, to the US Court of International Trade reversing tariffs, to a US Appeals Court overturning the Court of International Trade.
Now, tariffs are back again.
US wants to get rid off deficit and debt so that they don’t lose their reserve currency status
So suggesting they should devalue their currency and lose their reserve currency status to reduce their debt would be stupid
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