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2,958.8 standard & poor's 500

I’m not sure the oil based countries are going too strongly...

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Pixie2000

730 Posts.

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16/05/20

15:31

Post #: 44656807
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Originally posted by freshinvestor93 ↑

Zimbabwe was never the "gold standard" of currency nor had the GDP or global influence of USA. This is a unique set of circumstances where the US looks to implement negative interest rates, they wish to dilute their currency whilst still maintain its strength.

Shale oil and the greater energy sector is in jeopardy with the US showing weakness against Russia and the Saudis. Tech is keeping them afloat, but how long that can last is anyone's guess.

Given the BBUS focus of the situation I think short term there is one of three triggers for "our profit"
- Trump gets Covid - He is out of shape, stressed, drug addicted and old. I dont wish ill on anyone but the shake up would be catastrophic.
- Trade War - this political shit infighting will result in forcing china/US powers to show their hand.
- Election - Crystal ball stuff at this point.

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I’m not sure the oil based countries are going too strongly

https://www.aljazeera.com/ajimpact/bill-due-saudi-arabia-oil-price-war-200511213610964.html

Value at posting: 2,958.8
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