RE:RE:As expected.CEOofEPO wrote: Why would us dollar weaken when the fed can continue to hike rates with a much stronger diversified economy compared to the BOC
The jobs data was very strong today CEO. I'm looking at the futures probability of rate hikes and as of now there's only one more 25 points being priced in in March. A weak dollar and low probability of rate hikes means the market is not buying what the FED is selling. Period. But I want to see if that updates next week. What people like you and I see as logical is actually not logical. What we see as right, "they" know is wrong. People like you and I base our decision on "today's" news so to speak. You have to start looking ahead. Markets trade 6-8 months before any news is confirmed. If you were aware of even a fraction of what these people use as statistics, it would blow your mind. And doing what I'm telling you to do which is forecast ahead, is the most difficult thing to do. You know why? Because we all want confirmation. That's when we feel the most safe. Well guess what. That's when the pros take you for everything you got.
I think you actually have a brain CEO. The problem you have is you spend too much time playing devil's advocate. If you spent less time challenging everyone and more time actually contributing useful information, you would fit in perfect here. There's nothing wrong with banter. It should not only be welcomed, but encouraged. But there are limits. GLTA