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1 posted on 01/26/2014 8:18:48 PM PST by Ernest_at_the_Beach
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To: Ernest_at_the_Beach

I hear Obama has been learning to play the fiddle.


2 posted on 01/26/2014 8:33:07 PM PST by Bogey78O (We had a good run. Coulda been great still.)
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To: Ernest_at_the_Beach

I’m no expert but...

If tapering was truly in the cards, the dollar would not be sinking vs the yen, seems to me. The prospect of rising rates would be supportive of the US dollar. In general at least.

In addition, Janet Yellen will soon be at the helm. You can be sure she will put the monetary pedal to the metal more than Ben did. And the fx markets know it.


3 posted on 01/26/2014 8:55:49 PM PST by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)
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To: Ernest_at_the_Beach

Bubble, bubble, toil and trouble. The day of reckoning is here.


4 posted on 01/26/2014 9:00:45 PM PST by VRWC For Truth (Roberts has perverted the Constitution)
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To: Ernest_at_the_Beach
I believe that the Fed may allow the DJIA to drop to about 12,000, then measures will be taken to start propping up the US economy.

The big issue here is that Argentina, Turkey and Thailand are all experiencing political turmoil, and equities markets don't like political turmoil, especially in these three countries.

6 posted on 01/26/2014 9:11:17 PM PST by RayChuang88 (FairTax: America's economic cure)
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To: Ernest_at_the_Beach

http://market-ticker.org/akcs-www?post=227978

From Forbes:

“The People’s Bank of China , the central bank, has just ordered commercial banks to halt cash transfers.”

For three days if domestic currency, and nine days for conversions to foreign currency.

Hmmm... routine system maintenance eh? Right into the Lunar New Year holiday?

smiley

It seems there’s a problem over in China with their domestic banking system, whcih leads me to wonder if it’s time to say “Here it comes....”

http://macedoniaonline.eu/content/view/24544/52/

HSBC to ‘protect’ customers by not letting them withdraw their money

If you bank at HSBC in England, don’t plan on making any large cash withdrawals. At least not without a good explanation. Or, maybe even a permission slip.

That’s because a previously unannounced change in banking policy is blocking customers from making large withdrawals without “evidence” explaining why they need the money from their accounts.


7 posted on 01/26/2014 10:05:59 PM PST by Jack Hydrazine (Pubbies = national collectivists; Dems = international collectivists; me = independent conservative)
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To: Ernest_at_the_Beach
Fed officials are seen cutting bond-buying by another $10 billion at their regular two-day policy meeting beginning on Tuesday, and are likely to remain unfazed by the ongoing rout in emerging markets.

They created that bubble by funding the carry trade and they understand perfectly well that it is a bubble. I think they would rather create and pop a series of smaller bubbles than let a big one go too far.

11 posted on 01/27/2014 2:07:39 AM PST by palmer (Obama = Carter + affirmative action)
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To: Ernest_at_the_Beach

Well Japan has been in an Obama “recovery” for 15 or so years now.


16 posted on 01/27/2014 8:10:07 AM PST by GeronL (Vote for Conservatives not for Republicans!)
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