Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 691.72

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Jan 16 4:00 PM EST

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To: Turtles_win who wrote (173358)	5/5/2022 12:12:10 PM
From: Hawkmoon	1 Recommendation Read Replies (1) of 221958

The Fed needs a stronger USD to crush energy and food prices (so the view goes).. Every other country is trashing their currencies (Japan, EU, and now China) to engage in mercantilist trade to offset their own stagflation.. Fed is FAR behind the 2 year yield, which they have historically tracked (now at 2.73% vs .75% for the Fed Funds).. No let up for Energy so long as Russia is forced out of the global supply chain and/or we can boost production (which Biden and his minions don't want).. I think the carnage is just beginning and we'll see 3500 SPX cash in coming months. Hawk

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