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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Secret_Agent_Man who wrote (144967)12/24/2018 5:12:25 PM
From: TobagoJack  Respond to of 217591
 
A good thing, the consolation prize went in the correct direction.

GUEEDDUP gold up everything else down dollar up

Yes, short-end T-bills up but yields down. Gold indubitably is up.



In the meantime I received this below blurb from banker friend who is number two at some name outfit ...

He personally subscribed to Martin Armstrong’s reckonings that stocks shall ultra ramp 2019 for all the reasons we know, but ...

Good morning,

Last Wednesday’s much anticipated Federal Reserve meeting saw the Fed Funds Rate increased by 0.25%. The move was expected, but the markets were also expecting a message from the Fed that they would either stop, or at least slow down. The actual message suggested uncertainty and the markets reacted badly with the Dow shedding a total of more than 800 points by the end of the next trading day.



Late last week the U.S. Senate voted against the House’s spending bill that included $5.7 Billion in funding for a wall along the Mexican border. Prior to this vote President Trump had pledged a partial government shut down that would “last for a very long time,” so we’ll be keeping a close eye on this tense situation.



If that wasn’t enough to focus on, oil prices continued to fall last week as supply and demand chains work to find an equilibrium. An oversupply shock of oil caused in part by U.S. shale production is now mixing with signs of slowing demand in China, India and other emerging Asian economies. The continuing uncertainty around the U.S. - China trade spat is further clouding the outlook.



Here are some additional numbers we will be monitoring as well as enjoying a little holiday cheer:

Thursday, December 27New Home Sales: This figure tracks the sales of newly constructed homes over the month. Analysts are projecting a release of 566K for the month of November.

· Thursday, December 27 Conference Board of Consumer Confidence: This figuretracks sentiment among households or consumers. The results are based upon surveys conducted among a random sample of approximately 3,000 households. Last month, we saw a figure of 135.7. We expect the number to decrease to 133.6 this month.

Friday , December 28 Wholesale Inventories: This tracks the wholesale level of goods acquired for the purpose of reselling without further processing. Last month we saw a level of 0.8%.Merry Christmas, Happy Hanukkah and a Joyous Holiday Season!

Best,