The only thing that seems to not react to declarations and events from the USA seem to be their own stock market 😄
Everything else, other countries that have nothing to do with it, just you know, big moves.
Money managers worldwide are all invested in everything (MPT diversification).
Also crypto does not care and is correlated to the S&P (dumb money throwing cash at speculative assets?).
I guess stimulus means Oil has to go up? Weird how the USD went down a bit before the announcement.
Maybe the US has been selling? Or fund managers closing/hedging before the G7 meeting and the weekend? I don't really know.
Japan gave up on bazooka-ing money didn't they? And they didn't suffer much from covid I think this was addressed to the other G7 members Canada, France, Germany, Italy and the United Kingdom. So CAD EUR GBP.
She also said "The Biden administration was committed to multilateral engagement and fighting climate change".
So many prices were consolidating and it was so boring then all moved so fast a few hours ago.
www.reuters.com/arti...ralism-idUSKBN2AC208
I don't really see how this is new but well that's the market, they just wait for a signal I guess.
Like Bitcoin permabulls that buy in waves any time a random "this is good for bitcoin" (anything basically) news hits.
And also like Bitcoin baghodlers during the bear market when anything no matter how dumb was a reason to panic sell and crash the price.
Everyone is looking at the USA, also what the ECB and G7 says but mostly the US.
More "stimulus" isn't it obvious? A pyramid scheme never reverses, it either continues stronger and stronger or it collapses.
This saving lives and stimulus and socialism has resulted in an enormous increase in the wealth gap so of course people are asking for MOAR.
Biden sent a $1400 check right (with a congress majority)? And Trump 600? Laughable.
The big decline in education showing itself. Citizens can barely count now. And they clearly never heard of the Cantillon effect.
Trump trade war moved the stock market, everyone was watching his tweets and buying or selling depending on whatever he said about the trade war with China.
Also the covid thing last year. Now nothing seems too. That time is over. It's bubble time now. I'm just long and waiting.
Maybe "stimulus" news will be the catalyst for moves in commodities and FX now like Trump trade war was for the stock market? 😄
Everything else, other countries that have nothing to do with it, just you know, big moves.
Money managers worldwide are all invested in everything (MPT diversification).
Also crypto does not care and is correlated to the S&P (dumb money throwing cash at speculative assets?).
I guess stimulus means Oil has to go up? Weird how the USD went down a bit before the announcement.
Maybe the US has been selling? Or fund managers closing/hedging before the G7 meeting and the weekend? I don't really know.
Japan gave up on bazooka-ing money didn't they? And they didn't suffer much from covid I think this was addressed to the other G7 members Canada, France, Germany, Italy and the United Kingdom. So CAD EUR GBP.
She also said "The Biden administration was committed to multilateral engagement and fighting climate change".
So many prices were consolidating and it was so boring then all moved so fast a few hours ago.
www.reuters.com/arti...ralism-idUSKBN2AC208
I don't really see how this is new but well that's the market, they just wait for a signal I guess.
Like Bitcoin permabulls that buy in waves any time a random "this is good for bitcoin" (anything basically) news hits.
And also like Bitcoin baghodlers during the bear market when anything no matter how dumb was a reason to panic sell and crash the price.
Everyone is looking at the USA, also what the ECB and G7 says but mostly the US.
More "stimulus" isn't it obvious? A pyramid scheme never reverses, it either continues stronger and stronger or it collapses.
This saving lives and stimulus and socialism has resulted in an enormous increase in the wealth gap so of course people are asking for MOAR.
Biden sent a $1400 check right (with a congress majority)? And Trump 600? Laughable.
The big decline in education showing itself. Citizens can barely count now. And they clearly never heard of the Cantillon effect.
Trump trade war moved the stock market, everyone was watching his tweets and buying or selling depending on whatever he said about the trade war with China.
Also the covid thing last year. Now nothing seems too. That time is over. It's bubble time now. I'm just long and waiting.
Maybe "stimulus" news will be the catalyst for moves in commodities and FX now like Trump trade war was for the stock market? 😄