Your nonsense ideas won't age well there will be almost no correlation between reality and all your predicted outcomes. PPT as you define it doesn't even exist. That's your first bad assumption. You are reminding me of some of the idiots on here that were talking about a Depression in the US by year 2011. You know, get some canned goods and buy up as much Gold as you can to hunker down for it. That shit didn't age well either.
As far as the PPT or (Working Group on Financial Markets) I feel they are doing a pretty good job. Volitility is low and commodities has been somewhat stable and predictable. Could the USD become the next carry trade .....only if the African continent gets turned on.i have been calling for Japanese Stagflation for the last 8 years and it looks like it has come true. With algorithms in control of large amouts of capital trading has become a millionaires game.Lets the rates go to .0001% DGAF I am expatriateing anyways.
Everything about today is nothing but Powell Wallstreet wants their rate cut and will not stop whining until they get it. Powell is scheduled to testify in front of the House Financial Services Committee on Wednesday. This comes just after a stronger-than-expected jobs report raised questions about the central bank’s rate policy. Investors will be looking for clues on whether the Fed will cut rates later this month, as it is widely expected, or if the central bank thinks the economy is strong enough to maintain current economic policy. https://www.cnbc.com/2019/07/09/stock-market-fed-jay-powell-to-give-testimony.html
Since Mr T 1 million new jobs created. 500 thousand in manufacturing (Mr O said we have lost manufacturing jobs and they aren’t coming back) well he was.... wrong....wrong. 500 thousand new jobs in mining and construction..etc also. Mr T rocks! The economy rocks! Sorry bears. Dance bulls!
Meanwhile, I have a friend who has been looking for a new job in his specialized field of printing sales for 18 months. Very little interest in him. The numbers are BS. Just like the unemployment numbers are BS.
Have you ever attempted to calculate the unemployment numbers with a calculator? Dude, our unemployment rate, assuming 300 million citizens, is like 20%. Don't be fooled by the BS.