7.30 debt Wangeros Two quarter GDP: Fed incompetent and looking at a new move in the presidential transition
7.30 Debt Wangeros Evaluation Two quarter GDP: Fed incompetent
The U.S. Department of Commerce released today's data shows that the United States two quarter GDP annualized growth rate of 1.2%, expected to 2.5%, the former value of 1.1% was revised to 0.8%. GDP growth in the second quarter reached its lowest annual growth rate in 2010 years.
Debt Wangeros said today: "low yield response and forced economic deflation, the past 12 months the economic growth of 1.2%." The Fed is incompetent. ”
"Capitalism cannot grow at nearly 0 interest rates," Mr Gross told CNBC in Wednesday. "As far as real economic growth is concerned, in order for the economy to function properly, a positive interest rate, or perhaps even a close-to-positive real interest rate, is necessary," he said Jinlonghai laughs (zl511045)
Mr. King said Gross was good, but Mr Gross did not notice that the Fed was not only incompetent, but also troubled.
Goldman Sachs analysts had estimated that if the Fed raised its interest rate by 1%, it would cause $1 to $24 trillion in losses to bondholders. And this is just a bond market, where the losses will be bigger and the Fed may be reluctant to take such market risks.
The Bloomberg news agency, citing the Goldman Sachs report, explained that since central banks such as the Federal Reserve had long maintained ultra-low interest rates, the Fed began to accept long-term debt, the more sought-after long-term bonds, the lower its bond interest rates, for higher investment yields. The problem is that once interest rates rise and bond prices fall, holding long-term bonds is more striking than short-term bonds. At a time when the Fed's interest rate hike is expected to cool, lower bond interest rates have fallen further, and market risks are greater, potentially affecting the Fed's rate hike process. Wen | Jinlonghai (zl511045)
At the interest rate meeting this month, the Fed again kept interest rates intact, but it was more positive about the US economy and said the immediate risks of the economic outlook were waning. Analysts said the Fed opened the door for the second half of the year, as early as September.
The market on the contrary, the dollar short-term surge after the fall, gold short-term decline after the rapid rebound, the day rose more than $20/ounce, the U.S. bond yield short-term rise after the lower.
Gold futures surged about $5 after the US two quarterly GDP data, and the USD/JPY fell nearly 30 points, while the S & P 500 index futures and 10-year US bond yields fell slightly.
Fundamental short-term will also stimulate gold and silver price rise. With the November U.S. presidential election coming, the Fed is likely to postpone interest rate hikes again. So whether the U.S. economic data is optimistic or not, the Fed will have to wait until after November when the new president takes office.
Near time market quotes monkey to force, whether you are the loss is earned, please keep your mind. In this dangerous market, there is no strict discipline is unable to survive, if just hold to play with the mentality of the whole body and back, then the odds of success is almost zero. Although the investment market is very risky, as long as we take strict risk control methods, we can control it at a lower level, and the plan is the first to be formulated and strictly implemented. In trading you must keep in mind "no plan, no trading".
"International News"
Gas has become the second-largest source of electricity in the United States, according to data released July 26 by the U.S. Energy Information Agency (EIA). Market insiders believe that the future of the United States will increasingly rely on natural gas, natural gas is likely to overtake oil as the United States's largest source of energy.
In May, the use of natural gas in power generation has surpassed coal, according to the monthly Power Report (electricpowermonthly) published on July 26. Coal power generation has decreased by 15% over the past 6 years. The number of coal-fired power plants began to go downhill after peaking in 2015, and more coal-fired power plants are expected to close in the next few years.
Justinfox, a Bloomberg-based columnist, points out that he is most concerned about natural gas in the United States, which is expected to be increasingly reliant on natural gas in the future. So far, natural gas has become the main heating fuel and one of the most important sources of electricity generation. The development of the past decade shows that natural gas is likely to overtake oil as the largest source of energy in the United States.
"Technical surface analysis of colored natural gas and the strategy of empty single solution"
Gas gas in Thursday after the EIA data closed 5237, today slightly low open, open 5222, from the four-hour chart, the long energy seems to be released, KDJ appears weak, but the daily line on the MACD speed line just formed Gold fork, KDJ Bulls still in volume, it is not difficult to see that the long energy is not released completely, Everyone has a low-order friend, do not be lucky, Mr. Jinlong suggested in the concussion repair back to the 51,201 line, as far as possible to reduce the loss of the exit, of course, the funds and small positions can now be appropriate to fill the position, until the 51,201 line down, as far as possible capital preservation out
Hunan Nonferrous gas yesterday very scary market, the direct inflation of 450 point market. The surge is really scary, natural gas from the 50,001 line rose directly above 5300 last night due to more inventory data. So the technical side of the gas is bullish, there is a change in the market trend quickly operation on the natural gas up to 50 points on the long, down 50 points can chase empty. Natural gas We operate is to go after the rise and fall of the market.
Wen | Jinlonghai (zl511045)
"Colored gas Operation advice"
1, more than 5180-5200 near, stop loss 40 points, near the target 5280-5330, broken position hold;
2, 5320-5300 near empty, stop loss 40 points, near the target 5220-5190, broken position hold;
"Review of asphalt market and analysis of technical side"
Yesterday, crude asphalt three-wire ending, the recent trend is needless to say, I believe everyone as long as the oil tar pitch friends should know that the bearish trend remains unchanged. On the weekly line, asphalt is charged with a large yin line, MA averages downward. Yesterday, the asphalt collected with the upper and lower line of the small Yang Line, the top of the oil price reached 4,011 position, the bottom of the lowest in 3906. Yesterday, the asphalt slightly rebound, the above still by the 5th moving average, yesterday, asphalt empty broken 4000 integer pass, 7th, the first recorded the Yang line, the above concern 4,000 position, broken bit can see 4,100 position.
On the daily line, MACD on the 0-axis operation, green kinetic energy enhancement, the stochastic index downward, the crude oil pitch is located above the bollinger bands below the rail, the short-period moving averages down, in general, the recent crude oil pitch trend is still bearish trend, but Golden Dragon teacher thinks next week crude asphalt will rebound, the above concern 4000 integer pass, Broken bit attention 4,100 position. Operation on the Golden Dragon suggested callback long-main, rebound short supplement.
"Asphalt Operation Recommendations"
1, 3980-4000 near empty, stop loss of 40 points, near the target 3930-3900;
2, more than 3930-3900 near, stop loss 40 points, near the target 3950-4000, broken position hold;
3, investment risk, the market need to be cautious, sub-recommendations for reference only, do a strict take profit stop, profit and loss self-
Single friend plus teacher Wen | Jinlonghai Smile (zl511045)
7.30 debt Wangeros Two quarter GDP: Fed incompetent and looking at a new move in the presidential transition