George
Ure Sez.... Here's Why The FED Has To Make A 'Surprise' Announcement
...And Soon...
Posted
By: Watchman
Date: Monday, 24-Aug-2015 12:26:51
Date: Monday, 24-Aug-2015 12:26:51
Well, tomorrow (Asia time, which is tonight
our time in ‘Merica) the Chinese market comes to a major inflection
point. I’d explain in Elliott Wave terms, but you’d glaze over.
The main thing is, if the Fed is going to
do anything to hold the slide in the markets, they MUST make a major
announcement today.
The two likely choices are?
1. They could announce NO RATE HIKE UNTIL THE ECONOMY FURTHER IMPROVES. Bully-pulpit QE-4.
2, They could also simply announce QE-4 because
as we explained in our Peoplenomics analysis this weekend, the flow of
imports is going back up.
3. The USA could hint that we are going to
Devalue, too. In which case, American exports would become more
competitive. Exports might increase and gold would go to the moon., But
there would be plenty of pain. Forex markets are doing it, regardless.
< end snip>
No comments:
Post a Comment