With the current geopolitical landscape looking a little more interesting than that of the currency world ( even as the two are so interconnected ) being away from “the office” this entire last week has me “knee-deep in research” here this morning – looking to get caught up.
Wow. You step away for a single week to get married ( half thinking you’ll miss something “huge” ), your own life changes “completely” and the rest of the world just keeps spinning. Business as usual.
Or perhaps not.
I firmly believe that Russia will soon take further actions to take control of Ukraine, and that “seemingly docile markets” have yet to price this in. Or at least – the machines that make things “go” are still very hard at work “making things go”.
I encourage everyone to spend a bit more time “digging past the usual headlines” to uncover what’s really going on with Washington’s interest in Ukraine – and how serious a situation is developing. Putin didn’t need to sit around a single minute knowing full well that a full military “showing” was what was required in order to keep the scales in balance.
I can assure you that we’ve only just seen the beginning of what will likely be a very a long, drawn out, and VERY serious conflict involving The United States, The EU, Russia and China.
China’s HSBC Flash Manufacturing PMI number is out later tonight and is expected to show continued contraction in China’s economy, and apparently we’ve seen the ol US Dollar take a bounce from a pretty solid area of support.
Talk of U.S rate hikes “any time soon” are completely ridiculous as the media machine continues to promote / suggest that everything there is “up up up” and all is coming along nicely.
It’s great to be back in the saddle here again, and also to have shared such a wonderful week with friends, family and my new bride!
Some pics to follow – and thank you to all of you who’ve stuck around / wished me the best!
We’re back baby!
Lets get this thing goin!