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Bones commented May 30, 2023AS SHOWN ON THAT OUT-OF-DATE CHART, the US was first out of the gate. There are a lot of lags to be thought through. It's funny people don't want to talk about the EU but the Euro Zone. Germany is in a recession already. Maybe that's a Dynamo ...
Problems in the UK? Blame Inflation
- Bones commented May 26, 2023
That's the cost of Brexit to the EU
German economy in recession after high prices take toll, revised figures reveal
- Bones commented May 24, 2023
The information provided is wrong or lacking. Hangman is one candle, so its reliability is lower Also, often, not a top but a pullback.
4 Key Single Candlestick Patterns in Trading
- Bones commented May 24, 2023
CPI went up 1.2% in a month when the annual target is 2%. It had a 2.5% read drop-out data, which made the fall happen but has 13 reads at about 9% or higher. This will be hard to change later, to reverse that steady rise like that, you need very ...
Consumer price inflation, UK: April 2023
- Bones replied May 23, 2023
The more negative reads in a data set the easier it is to fall to target? thats why the prediction is wrong Where CPI flat lined rather than fall you need lower reads to hit target later Put it this way the next read after this should be 6% ...
Cable Update (GBPUSD)
- Bones commented May 23, 2023
I don't think it could be anything at all D Just look at Gov bond yields where IR are going. I can clearly see 12 readings at over 9% and not one deflationary story that would be in the last month data.
BoE’s Bailey: Inflation Has Turned The Corner
- Bones commented May 23, 2023
Bailey will invent a new shock later
BoE’s Bailey: Inflation Has Turned The Corner
- Bones commented May 23, 2023
it's NOT dropping 2% tomorrow maybe 1%
BoE’s Bailey: Inflation Has Turned The Corner
- Bones replied May 23, 2023
Ive looked at again and your right the spike drops out, but on the other hand instead of having one high reading all year we have one low.
Cable Update (GBPUSD)
- Bones replied May 22, 2023
When the reading comes, surely there will be 13 readings from the 9% spike, you'd have to show me how that jump isn't already in the data on a chart,
Cable Update (GBPUSD)
- Bones replied May 22, 2023
So I thought the base effect makes it harder to go up because specific high months are being dragged in from the last 12 months? Is that what you're saying?
Cable Update (GBPUSD)
- Bones replied May 22, 2023
2% is a big move, and I haven't seen any reason other than the BoE projection.
Cable Update (GBPUSD)