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

To: marcher who wrote (184205)	2/19/2022 3:36:56 PM
From: TobagoJack	Read Replies (2) \| Respond to of 218135

Re <<crash everything>> Let’s watch what ‘they’ do relative to what ‘they’ say Am guessing 9 x 0.25% might do some unintended damages Am also guessing 80% of the damage happens in the first 20% of the hikes bloomberg.com JPMorgan Expects String of Nine Straight Fed Rate Hikes Report cites risk of ‘feedback loop’ keeping inflation high Central bank shift poses threat to otherwise healthy backdrop Ros Krasny February 19, 2022, 7:29 PM GMT+8 JPMorgan Chase & Co. economists said the Federal Reserve is likely to raise interest rates by 25 basis points at nine consecutive meetings in a bid to tamp down inflation. The bank is joining others on Wall Street in ramping up bets for faster policy tightening, after U.S. consumer prices posted the biggest jump since 1982 in January. Goldman Sachs Group Inc. is forecasting seven hikes this year, up from its earlier prediction of five. “We now look for the Fed to hike 25bp at each of the next nine meetings, with the policy rate approaching a neutral stance by early next year,” the JPMorgan team, led by chief economist Bruce Kasman, said in a research note. January U.S. inflation readings “surprised materially to the upside,” the economists wrote. “We now no longer see deceleration from last quarter’s near-record pace.” On inflation, the economists said a “feedback loop” may be taking hold between strong growth, cost pressures, and private sector behavior that will continue even as the intensity of current price pressures in the energy sector eventually fade. “The risk that central banks shift and perceive a need to generate slow growth -- and the corresponding impact on global financial conditions -- is now the most significant threat to an otherwise healthy global backdrop,” the economists wrote. The report follows comments Friday by Chicago Fed President Charles Evans on the need for a “substantial” policy shift. Fed’s Evans Seeks Policy Shift, Williams Cool on Half-Point Move “The current stance of monetary policy is wrong-footed and needs substantial adjustment,” Evans told a New York conference hosted by the University of Chicago Booth School of Business, citing the hottest inflation in 40 years. Sent from my iPad

To: marcher who wrote (184205)	2/20/2022 11:38:58 PM
From: TobagoJack	Read Replies (2) \| Respond to of 218135

btw, 'they' at suspect bloomberg believe that China is caught back foot w/r to pile up of inflation-proof / anti-fragile metals inventory because just-in-time protocol works better in the lead up to proto-hot-war :0) bloomberg.com China’s Demand for Metals Has Wavered as Inventories Pile-Up Central bank keeps benchmark lending rates unchanged Clean energy funds have tumbled as bets on China sour 21 February 2022, 11:52 GMT+8 A pile-up of inventories suggests that China’s metals consumption remains on the back-foot after disruptions to industrial activity during the Winter Olympics and Lunar New Year. How quickly demand recovers now that the festivities are over, and whether consumers will accept relatively elevated prices, will help set the direction for markets in coming days and weeks. Although the central bank kept its benchmark lending rates unchanged on Monday, and declines in new homeprices eased last month, there seems little doubt that Beijing stands ready to buttress demand against the backdrop of wider distress in the property sectorand other indicators like slumping car sales. Among Chinese fabricators, the recovery in consumption has been slower than expected, with copper rod producers operating at just 59% of capacity last week, according to Shanghai Metals Market. A resurgence of Covid-19 cases in eastern China has also affected purchases, it said. That’s driven a spike in stockpiles. Copper held in warehouses tracked by the Shanghai Futures Exchange surged 28% last week and have more than quadrupled this year. Inventories of aluminum and zinc also extended gains. The Yangshan premium, an indicator of import demand for refined copper, is at its lowest since July. In ferrous markets, the slowdown in construction has lifted rebar inventory to a 10-month high, according to Steelhome. And iron ore stockpiles at Chinese ports haven’t been this strong since June 2018, despite the government’s campaign to prevent hoarding and cool prices. Still, Beijing’s efforts to keep markets like iron ore and coal in check surely presage broader fiscal stimulus that can only lift demand. In the meantime, steel mills in Hebei province are gearing up to restart production after curbs to combat pollution during the Olympics, according to Mysteel.