While tensions in Syria are still elevated with a second American ISIS fighter killed in a battle, Gazprom beginning accepting payment in Rubles and Chinese Yuan (via the ESPO – Eastern Siberia Pacific Ocean – pipeline), Ebola outbreak causing enormous damage to West African economies (economic growth expected to plunge by 4% in the region according to the African Development Bank), Argentina’s black market peso completely out of control tumbling to over 14 / USD (14.45 according to Argentine newspaper Ambito), French jobseekers surging to record high of 3.424 million (with PM Manuel Valls blaming the ECB to do more as QE was the solution to everything) and IMF head Christine Lagarde put under a formal probe for negligence in a corruption investigation… AUDJPY continues to climb and is now trading above the 97.00 level for the first time since June 2013 and the S&P500 closed above the 2,000 for the second time in history. 844 more words
Tags » BOJ
We are very close here folks.
Aside from the currencies, nearly every other thing I track / read / research suggests that this may not only be a strong area for “correction” – but the start of something much larger. 227 more words
I was greatly influenced by Ray Dalio’s essay on how her perceived the economy to be a machine and how does it work.
The essay can be found here: http://www.bwater.com/Uploads/FileManager/research/how-the-economic-machine-works/How-the-Economic-Machine%20Works–A-Template-for-Understanding-What-is-Happening-Now-Ray-Dalio-Bridgewater.pdf… 307 more words
Some snippets from conversation on the currency pair USD/JPY from the Members Site, as I see it as valuable information for all.
**Watch it trade along side risk here as……USD/JPY has only managed to make it “back to the top of it’s range” while the SP 500 as well Nikkei have rallied to complete a total retracement of the move lower last week. 405 more words
2014 is a major year for the legendary cool Dj Jimmy Jatt – as he celebrates 25 years on the of top of his career as a DJ, standardizing the profession and blazing trail for a generation of entertainers. 128 more words