Do you believe there is real “true” growth in the U.S economy? Do you feel that the numbers quoted on T.V hold any real meaning / reflection of actual “economic growth”?
Do you “see” any real growth?
When I see a statistic quoted on T.V that is “a percentage point” different from the “expected number” or more than likely “half a percentage point” – I ask myself……..can these people actually be serious?
Can you find a single difference in your day-to-day life that hinges on what a “half a percentage point difference” in something as ridiculous as the “beige book” reflects? Have you ever heard of the “beige book”?
Does anyone even care?
“Prepared at the Federal Reserve Bank of Boston and based on information collected on or before January 6, 2014. This document summarizes comments received from business and other contacts outside the Federal Reserve and is not a commentary on the views of Federal Reserve officials.”
Hilarious….“prepared by the Federal Reserve”.
What do you think it’s gonna say about the economy and growth?
Bury head back in sand now please.
Being an economist by training, the information that comes out as improved, is giving me great material for a stand-up comedy routine. See no evil and such…
He he he…..Warren!
You are so quiet around here! You being an economist! Common! Do a little stand up routine here at the blog anytime man!
I’m sure I speak for many readers here, as we’d love to hear your thoughts!
Congrats on the AUD short Kong!
I know you don’t like to play commodity currencies against each other, but I’d like to point this out to you and the fellow readers, I think it’s time to get long AUD/NZD as it is now under 1.06. Pull up a monthly chart and see how ridiculous this is. Maybe we go 1.04, but I think we’re at or at least very near the Lows for the year. I’m getting in big as I see very little downside and a whole lot of upside. I’ve been waiting for 1.06 for a while now.
David! JSKogs! Careydina!!
You guys are trading like gorillas!!! I love it! Great work!
I just got back from watching ” The Wolf Of Wall Street” go figure……great movie.
Good ol AUD – taking care of us tonight!
I’m holding NZD/USd as D1 chart is downtrend. May go deep in the water. But wasted for my aus/jpy, been holding it for a week but i closed it yesterday. No regrets and wait for the next opportunity! No greedy and never regrets in forex!
NZD/USD looking good short here still yes…..
It’s stubborn as the NZD has been very strong but……I see it “finally” starting to weaken.
Should be a good one.
Thanks Kong your help is greatly appreciated. Can’t wait to see that movie. I keep hearing awesome things about it. Today is sort of looking like the day for other yen crosses to catch up to AUD. Looking forward to it.