RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:It wouldn't put Quinte,-- clearly the use of the word collusion when used in the context of Trump was intentional as it was - a play on words...
How exactly do you know what goes on behind the scenes with Gov/Fed discussions prior to public announcements on rates? Do they, don't they and if they do just how much due influence is there? We just don't know now do we whether it is a Trump or Biden admin.
But alas that was not the main focus of the discussion - it was intended to be one where we discussed simply- if the Fed was directly influencing the market by raising the dollar in tandem with oil and shorting the oil market to keep oil low, should that be more transparent? As an investor I'd like a heads-up if market reports are very bullish - but oil prices decline and so does the value of my stocks.
What we mean by free-markets in our discussion is the Can/US markets and the interplay with the Fed. Your point of OPEC+ and any disassociation with free markets is silly because they are a cartel. Our economy is one based on free market price discovery that has to build in the outside factors such as OPEC+ on S&D.
But I see your logic is - if OPEC can act unilaterally to limit supply, its ok for the Fed to intrevene in the market to lower prices? Debatable, but at least OPEC is transparent so as a trader I know before hand whether to invest or not, whereas with the Fed they are not tranparent so that adds to risk factor and market uncertainty.
So in reality fundamentals mean less and less and governement intervention is what mostly determines price discovery. Nice, how do we trade on that - and isn't that moving away from free markets and more towards economies that are socialistic/commie driven.
At any rate, I'm done with this discussion, bye!
GLTU and All!