Sorry...I should probably put my economics degree back in the...

Sorry...I should probably put my economics degree back in the cupboard.

Read the speech. It's laughable. A charade.

She said they can't hold off rate hikes indefinitely, but Brexit uncertainty will remain for a long time.

Remember what happened the last rate hike? Worst January start to trading ever.

Do you think they will risk that again leading up to the election? L O L



The market sees right through it, hence the gold price and silver price rallied straight after the speech.

Look at the dollar index today. Look at the USD/AUD ... almost .76 since the speech.

There will be no rate hike until the USA can repay their debt...which is nowhere in sight.

Printing money is the most likely outcome and Brexit will be blamed, although this stimulus has been coming from about a year ago when QE started showing it did not work. Their answer is, "maybe we need more QE". Their convenient excuse is Brexit.

I'll let the market interpret the speech and rather just make money from it.

DYOR and GTAH.