Posted by DigiNomad on 16th of Jan 2024 at 04:01 pm
Very true - there are big crosscurrent today but I think oil is
a supply story and the rest of the commodities space is mostly
strong today (copper futures up .75%, DBA up, etc)
That said, our media is not reporting it (getting used to
censored narratives at this point) so I keep losing sight of the
fact that Europe and EEM got their asses handed to them today and
broke through some support levels. That can't be good overall.
I wonder if the Fed and Janet actively meet with the
financial news networks to discuss preferred narratives? For
example, I'm absolutely positive that JP wouldn't want to much
coverage of European woes because in economic circles they are so
worried about sentiment, expectations and contagion. If I was in
his position, I would likely call the networks and ask them
to avoid the subject. I don't like being on this side of the
censorship, but I sort of understand how it happens.
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On the contrary , falling
TNX - on fire. This is actually good news for ...
Posted by arun on 16th of Jan 2024 at 03:59 pm
On the contrary , falling energy prices not a good sign either.....means economy weakening ???
Very true - there are
Posted by DigiNomad on 16th of Jan 2024 at 04:01 pm
Very true - there are big crosscurrent today but I think oil is a supply story and the rest of the commodities space is mostly strong today (copper futures up .75%, DBA up, etc)
That said, our media is not reporting it (getting used to censored narratives at this point) so I keep losing sight of the fact that Europe and EEM got their asses handed to them today and broke through some support levels. That can't be good overall.
I wonder if the Fed and Janet actively meet with the financial news networks to discuss preferred narratives? For example, I'm absolutely positive that JP wouldn't want to much coverage of European woes because in economic circles they are so worried about sentiment, expectations and contagion. If I was in his position, I would likely call the networks and ask them to avoid the subject. I don't like being on this side of the censorship, but I sort of understand how it happens.