TIMBERRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #21
- Jun 23, 2015 6:06pm Jun 23, 2015 6:06pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
TIMBERRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR?
- #22
- Jul 24, 2015 7:01pm Jul 24, 2015 7:01pm
- Joined Jan 2010 | Status: overcaffeinated.... | 1,345 Posts
Fundamentally USD is looking more and more bullish IMO. Six weeks ago I posted reservations here about consumer confidence and wage growth, but those two leading indicators have stabilized.
Headline indicators:
- GDP growth near long term highs and steady/rising
- Inflation low due to oil price drop, but no lower than other economies and starting to rise
- Unemployment on a steady 5-year downtrend
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Fed needs to see "economic growth strengthening, labor market improving and inflation moving toward target" - FOMC, June 17
"The fed is likely to make its first rate hike in September" - Bloomberg survey, July 8
"We remain highly likely to raise the main interest rate in 2015" - Yellen, July 15
"Timing of liftoff is less important than the subsequent pace of increases, which will be gradual" - Yellen, July 15
"People feel good about their jobs and the direction the economy as a whole is taking" - General Motors, July 23
"The fed has noted big strides in labor markets while pointing out that some slack remains" - Bloomberg, July 23
Jobless claims in USA falls to lowest level since 1973 - July 23
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Leading indicators:
- Falling unemployment is supported by wage growth, which remains significantly higher than inflation
- Sharp rise in Building Permits
- Business and Consumer Confidence both strong/rising
Headline indicators:
- GDP growth near long term highs and steady/rising
- Inflation low due to oil price drop, but no lower than other economies and starting to rise
- Unemployment on a steady 5-year downtrend
------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fed needs to see "economic growth strengthening, labor market improving and inflation moving toward target" - FOMC, June 17
"The fed is likely to make its first rate hike in September" - Bloomberg survey, July 8
"We remain highly likely to raise the main interest rate in 2015" - Yellen, July 15
"Timing of liftoff is less important than the subsequent pace of increases, which will be gradual" - Yellen, July 15
"People feel good about their jobs and the direction the economy as a whole is taking" - General Motors, July 23
"The fed has noted big strides in labor markets while pointing out that some slack remains" - Bloomberg, July 23
Jobless claims in USA falls to lowest level since 1973 - July 23
---------------------------------------------------------------------------------------------------------------------------------------------------------------
Leading indicators:
- Falling unemployment is supported by wage growth, which remains significantly higher than inflation
- Sharp rise in Building Permits
- Business and Consumer Confidence both strong/rising
si hoc legere scis nimium eruditionis habes
- #23
- Jul 25, 2015 2:20am Jul 25, 2015 2:20am
- Joined Jan 2009 | Status: Learning life... | 8,355 Posts
Memories caught in time but never forgotten
- #24
- Jul 29, 2015 8:16pm Jul 29, 2015 8:16pm
- Joined Mar 2007 | Status: Trader | 8,618 Posts
Gone to a better place
- #26
- Aug 8, 2015 3:39am Aug 8, 2015 3:39am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
Gone to a better place
- #27
- Mar 27, 2017 2:05am Mar 27, 2017 2:05am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
Gone to a better place
- #29
- Mar 27, 2017 3:49am Mar 27, 2017 3:49am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
{quote} I do..{image}
Gone to a better place
