• Home
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • User/Email: Password:
  • 8:55pm
Menu
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • 8:55pm
Sister Sites
  • Metals Mine
  • Energy EXCH
  • Crypto Craft
  • Story Log
User Time Action Performed
  • US risks tepid recovery turning into recession, IMF warns

    From telegraph.co.uk

    The fund added its voice to a rising chorus of concern that sharp political divides in Washington mean that the world's biggest economy will fall off what has dubbed a "fiscal cliff" in less than six months time. As it stands, the expiration of George W Bush's tax cuts on December 31, and the start of more than $1 trillion in spending cuts in January, mean the US is facing a severe fiscal headwind just as growth is slowing. Fears are increasing in the US and beyond that Republicans and Democrats will fail to reach agreement over how to temper the pace of the deficit reduction in 2013, alongside delivering a long-term ... (full story)

  • Comments
  • Comment
  • Subscribe
  • Comment #1
  • Quote
  • Jul 3, 2012 11:54am Jul 3, 2012 11:54am
  •  Horuss
  • | Joined Jun 2010 | Status: Up or Down ? | 8 Comments
OK. Very important news about econ. condition (manufacturing PMI) in 3 countries yesterday less then 50 which means recession, Friday's summit is still no deal as all 17 countries need to agree and 2 countries already said no to eurobonds. how the f.. all market is going unstoppably up?? Can someone explain what the hell am i missing?
 
 
  • Comment #2
  • Quote
  • Jul 3, 2012 11:55am Jul 3, 2012 11:55am
  •  Manekineko
  • | Joined Dec 2011 | Status: Member | 138 Comments
Another houses bubble ? They didn't understood the lesson ? That's why copper increased in the last week.
 
 
  • Comment #3
  • Quote
  • Jul 3, 2012 12:02pm Jul 3, 2012 12:02pm
  •  tiredofbs
  • | Joined Jul 2012 | Status: Member | 1 Comment
Manekineko: Can you show that the copper price was entirely due to housing?

Does this bit of news mean more quantitative easing and therefore lesser dollar value? Or does it mean that the increased money supply will allow people to export to us more cheaply, boosting trade sales, which will necessitate more jobs to accommodate the increased supply of goods, which will be good for the economy and thus good for the dollar value?

It's all very confusing.
 
 
  • Comment #4
  • Quote
  • Jul 3, 2012 12:13pm Jul 3, 2012 12:13pm
  •  Guest
  • | IP XX.XX.172.8
Quoting Horuss
Disliked
OK. Very important news about econ. condition (manufacturing PMI) in 3 countries yesterday less then 50 which means recession, Friday's summit is still no deal as all 17 countries need to agree and 2 countries already said no to eurobonds. how the f.. all market is going unstoppably up?? Can someone explain what the hell am i missing?
Ignored
QE3
 
 
  • Comment #5
  • Quote
  • Jul 3, 2012 12:17pm Jul 3, 2012 12:17pm
  •  nAVIN2007
  • Joined Dec 2007 | Status: mac daddy junior :) | 387 Comments
Quoting tiredofbs
Disliked
Manekineko: Can you show that the copper price was entirely due to housing?

Does this bit of news mean more quantitative easing and therefore lesser dollar value? Or does it mean that the increased money supply will allow people to export to us more cheaply, boosting trade sales, which will necessitate more jobs to accommodate the increased supply of goods, which will be good for the economy and thus good for the dollar value?

It's all very confusing.
Ignored
nice idea maybe they need to listen to u..
its confusing because there more than one way to string a cat
 
 
  • Comment #6
  • Quote
  • Jul 3, 2012 12:28pm Jul 3, 2012 12:28pm
  •  Reb
  • | Joined May 2012 | Status: Member | 167 Comments
nAVIN2007: "More than one way to SKIN a cat" is how the expression goes.

The only answer to this conundrum is QE3 by helicopter Ben. Very hard to believe considering all of the political circumstances.
 
 
  • Comment #7
  • Quote
  • Jul 3, 2012 2:39pm Jul 3, 2012 2:39pm
  •  Guest
  • | IP XXX.XXX.16.103
Does anyone know how large the deficit is if let all of the Bush and Obama tax cuts expire and complete the 1.2 trillion of debt ceiling mandated spending cuts?
 
 
  • Comment #8
  • Quote
  • Jul 3, 2012 3:22pm Jul 3, 2012 3:22pm
  •  Lion777
  • | Joined Oct 2011 | Status: Member | 101 Comments
next hunt will be for USD ....
 
 
  • Comment #9
  • Quote
  • Jul 3, 2012 3:45pm Jul 3, 2012 3:45pm
  •  Lion777
  • | Joined Oct 2011 | Status: Member | 101 Comments
huge problem in USA, not less then eurozone
Quoting g_03e34eb0
Disliked
Does anyone know how large the deficit is if let all of the Bush and Obama tax cuts expire and complete the 1.2 trillion of debt ceiling mandated spending cuts?
Ignored
 
 
  • Comment #10
  • Quote
  • Jul 4, 2012 3:17am Jul 4, 2012 3:17am
  •  Ill-b-back
  • Joined May 2011 | Status: Get to the Chopper | 3897 Comments
Are the States going to help out Europe? Any ideas?
Come with me if you want to live....
 
 
  • New Comment
  •  Guest
  • | IP XX.XXX.111.47
Join FF
  • Story Stats
  • Posted: Jul 3, 2012 11:42am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 10  /  Views: 4,396
Top of Page Default Page
  • Facebook
  • Twitter
About FF
  • Mission
  • Products
  • User Guide
  • Media Kit
  • Blog
  • Contact
FF Products
  • Forums
  • Trades
  • Calendar
  • News
  • Market
  • Brokers
  • Trade Explorer
FF Website
  • Homepage
  • Search
  • Members
  • Report a Bug
Follow FF
  • Facebook
  • Twitter

FF Sister Sites:

  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Forex Factory® is a brand of Fair Economy, Inc.

Terms of Service / ©2023