Disliked{quote} Some things seem to be hidden by the FED that are horrible. NFPs - probably already brushed up - were just a testimony of failure to create jobs. Continue of tapering is a farce for me. The USD has already shown some weakness, but still they play it like everything is still fine. Media is like: "Economy is on a good way, just some bad weather blablablabla, tapering, blablabla ... " I have a very strange feeling about the USD at this time. I just do not believe that it is all good now, there is something very fish about the way they behave...Ignored
By same reasoning you could also view EZ falling apart soon.Greece,Portugal,Spain,Italy 30-45% unemployment.Something is going to give.Germans can't go on bailing everyone out. May is EZ parliamentarian elections and we could see lot of crises brewing soon.
If US is not on solid foundation others are not that much better.
What is real scary is Japan's massive accumulation of debt and low birth rate.That's a tsunami that is coming for sure.
"The scale of the problem is staggering. Japan’s net government debt is about 140pc of GDP. This is way ahead of the US, which is on 87pc, and not that far below Greece. What’s more, it is easy to see the ratio increasing further. The IMF expects net debt to rise to 148pc of GDP over the next five years. In fact, if the economy performs badly, inflation remains low or borrowing costs rise, debt could easily follow an explosive path, with the ratio quickly rising towards 300pc of GDP. "
REgards
In trading, you have to be defensive and aggressive at the same time