Dems have clearly established a connnection with their Mothership circling the Hale-Bopp Comet to get their daily messaging scripts.
If you did not short currencies yesterday against the dollar then you missed out on a slam dunk trade with dollar surging . Inflation is going to provide opportunities for rest of the year as fed keeps raising rates.
Fitting for the Administration of the House Plant in Chief. *YELLEN: `DEMAND AND SUPPLY IS LARGELY DRIVING INFLATION' Oh, well then.
Ehh, I’d watch out on the dollar growing stronger. The ECB will be raising rates as well - hence global recession risk. https://www.cnbc.com/amp/2022/06/09...-hike-plans-raises-inflation-projections.html
short term trade....shorted the Mexican Peso v. Dollar but eve if you shorted Euro you had 121 pip move.lower from yesterday.
Look at /6m and /6e.. I only shorted /6m. I am rolling out of all my oil stocks I loaded up on APRIL - JUNE 2020. OIl is peaking and so are the main stocks (OXY, SSL, COP, XOM). Moving that to cash and waiting for next entry when economy takes them down. Took cash and put it into real estate. Inflation keeps rents up a bit if you are in a high demand location, nice small hedge. Rolling out of non dividend stocks or low dividend stocks that are stagnant. 1-3% is no longer attractive as it was past 3 years haha... Now is the time to get ready for the next phase as inflation is here and rates will inch higher into 2023