RE: Ticket ban extended3 Oct 2022 13:30
AC, that is not the reason this is at 0.90, a looming depression is the reason. We are already in a recession, the technicalities mean squat, as does the fundamentals. This is purely down to inept central bankers and Powell.
It's like sitting in the back seat of a leaner driver, to much juice, then too much brake, then over reaction to bends and over corrections, make you want to throw up.
Don't get me wrong, this is not my field of expertise, but looking at these idiots at play, I think they may be in the wrong jobs.
Anyone can 'captain' a ship while the seas are calm and you are heading in the right direction, take a compass away and winds pick up then you know you do not have sailors on board, just dead weight.