This is like what, the 10th time in the last month the Fed has jawboned dovishess? Can envision a Fed meeting... Powell asks, "Whose turn is it to go blow some dovish smoke up the market's skirt"? Smells like they're trying to assure "Dow 50,000"... maybe even 100,000! (Consequences disregarded, of course.) Trade accordingly. https://www.zerohedge.com/news/2019...-member-urge-ending-balance-sheet-unwind-2019
https://www.cnbc.com/2019/02/14/ret...ts-either-suspect-or-a-recession-warning.html Are you that stupid ? They are gonna keep QT in a recession ? Stop crying and get a grip with reality, when everything goes to shit, they stop QT and then Cut Rates
When orporate debts starts to pop which is any month now, or moody's finally starts the over 1 Trillion downgrade into Junk, which are already suppose to be in junk, but moody's won't do yet cause it'll obliterate High Yields. Once they get the call, its all over... I forecast Dow losing 5000 in 2-3 weeks in prime sell-off when IG and Junk bonds gets fucked with
PUT anything with good premiums with expiry around Sep 2019 to Jan 2020 if you wanna be really safe... Little Frisky is June-July Expiry's but safe imo HYG and JNK are good tho, if Brexit goes through a no brexit deal, it'll be Christmas for bears, but I doubt Brexit will happen. Once Trump signs that tariff treaty will China, sell-off starts, then there's only bad news for stupid news algo's... By that time, February numbers come back, and it's all over Australia is having a mortgage default crises with all interest only being morphed into principals in 2019, UK mortgage crisis and brexit effects, China in a deep recession full blown QE and still in one, a lot of American firms and banks bought bonds there, there getting hosed, Italy deep recession, Germany France Spain entering one, Canada slowed down, US entering one, shale ponzi scheme unravelling soon, corporate debt and consumer debt all time high, Japan caught faking there numbers that's how bad things getting there Some people think the SP 500 is the economy or something, doesn't make sense how they think