RE: Media bouncing back a little today15 Aug 2025 06:41
As I said on a different chat board the other day, why would they cut rates when inflation was still north of 2%?
As things stand, we are shaping up for another round of 'transitory' inflation as it is, lol.
I think the independence of the central banks is something that can be challenged though.
Cutting rates in 2020 for example was not the act of an independent vehicle, some might think.
Especially with the government great giveaways at that time. They should have increased interest rates.
And what about the 12 years prior of zero or near zero rates under MC? These people are a threat to capitalism itself.
But the markets play along with this facade, so I agree that they probably would in this scenario - as they did recently, when it was rumoured that DT was going to fire JP.
Then again, they are long overdue a sell off, so who knows?
Either way, no western politician seems willing to cut spending (including DT) so a melt up before a bust cannot be ruled out either. Play it as we see it.
As for S4, what fresh stuff awaits us today and over the weekend? No dull moments right now... GLA.