Well, if you got out at or near the peak, that's great. Wish I had.
Haven't the Fed been sniffing for a rate rise for the last 2+ years, finally, in Dec...then to and fro since then, like a see-saw? I know what the Fed Funds Futures probability is (posted it her many times), but remain skeptical of a hike before the Nov. Elections.
Regardless of that, next time you see the top.....please advise!!!
In passing, for those interested in the US economy , The Great Recession, the Fed and more....in every recovery since WW2, it has typically started hiking rates after 2,3 years at most. This took 6 years (from zero), and with QE.
So , there is no recovery of significance, the US economy is distressed and collapsing, and pretty much everything else is going to hell.
But I've had my worst week in stocks (ASX golds), since May 19, since the tech crash of March 2001, living in NYC for many years (25).
So, I wonder how this knowledge helps me?
On the subject of Economy: - Partial report only, International Trade (US)
