central banks have been buying yes... but the purpose doesn't have to be 'PP'... it's just a value proposition... stocks are dirty cheap.
Just paid $2.99 today ...yep. nothing like $3 a gallon gasoline. Would be nice to see gasoline drop 5% in one day at the pump but that never happens. Trickles down a penny or two... sometimes you get lucky and see a 7 cents reduction but that's about it. Oil prices would have to drop below $30 a barrel to get something under $2.00 gas at the pump.
Not necessarily. It would just have to happen gradually and stay low for a while. And there are other variables like refineries. Gas has been under $2.20 in my area recently. Some places (esp. Costco) seem to react faster to falling oil/gasoline prices for some reason.
china's Propaganda mouth piece has replied!!! It's a full on trade war Trump talking said it can go to 25 % on 300 Billion, but doesn't want to go there... Once credit markets snap, he will remove all tariffs without a deal
I think this is the first time in a while that the US 10Y yield is actually lower than the Greece 10Y yield. Bizarre-o-world if you ask me. I sold a bunch of TLT calls today.