Fed Minutes.

 Hi Readers

Today I looked at the Fed minutes and saw that they are using the dog whistle.

Some my want to know what the dog whistle is, its a market term for putting out a feeling to the market and wanting to see the market reaction.

If you think the Fed is going to be able to sell the bonds it holds to the market at the same time as tapering the purchases you are delusional. The bonds after inflation are loosing money so who in there right mind would buy them, anyone buying these bonds are lost 6.1% off the bat.

That's like give a friend $100 in his left hand and then he giving you $94 in your left hand right back. its dumb and stupid, yet market zombies(the media) believe that this will happen, it won't.

The Fed obviously realize that the margin debt is so out of control that if it doesn't do something to reduce it the market could loose 80% of its value. So better to squeeze it now and only drop the market 40%,I believe is the thinking.

Right now you don't really want to read to much into whats going on as its holiday volume. But if there are bargain's be smart about it.

In regards to the numbers that came out they don't add up, there are record job openings yet 800,000 people found new employment, but US exports are at a all time low and US manufacturing is consistently falling away. AS I said professional traders know that this doesn't add up. You have shipping boats stuck out at sea waiting to be unloaded, yet the demand for the products on board those ships has been cancelled. So you can see the trouble ahead but policy makers have no choice.

In China we see the continuation of the Evergrande default, all the property developers are broke the government just doesn't want to admit it but they simply can't let them all go belly up.

So it looks as tho they are going to help the smaller developers and allow Evergrande to go bankrupt.As a note to others who are thinking to go global, that there is no such think in to big to fail. 

Only in America!!!!

You also see the Chinese central bank having to print shit loads of cash as there seems to be a run on banks for cash withdrawal's.

Stock Markets which most of the Chinese companies are listed are down a good 20-30% yet the stock markets in the western world are down what 2% from there record closing highs, yes market are connected and the professionals are very aware whats going on its the retail traders who are in a trance of buying the dip. I wonder if this strategy will work in 2022.

To the Crypto traders be smart, patients is key and this weekend could be nasty for the crypto space.

 

As always use the above as an indicator to your own.

The above is based on purely astrology.

I am not a financial advisor, I am a financial astrologer.

Talk to your financial advisor on more on the above.