i respond to this post rather than a recent one for the benefit of perspective, and hopefully my understanding, simplistic that it is :)
three weeks, and apparently enourmous change
deficit up
foreign exchange pressure by Japanese
oil costs up (even new domestic drilling/production)
cpi up
ppi up
in terms of the cyclical rhythm, in autumn, heating demand will be up
consumption going into the holiday season will be up
PC sales probably peak at the same time of year
demand for jet fuel peaks
competition for finance renewals, auto/home, peaks
demand for vacation accomodation and services peaks
demand for entertainment, in-home and resort peaks
yet, the markets, according to some posts across various threads, have apparently discounted all of this and even with a rate increase, the posters expect a rally, same as last time rates increased
while i understand that the markets will adapt and adopt mechanisms to facilitate prosperity, financial at least,
i wonder how the 'traders' will react monday and tuesday
this question will become impertinent on wednesday, nevertheless, i take the risk in asking for an opinion, and appreciate your experience
regards,
ynot ;) |
