3 Reasons Why the Fed Can Afford to Pause in June [View article]
Good piece, but I would suggest that the political factor be watched on the Dollar and expect a 25-50bp hike from Gentle Ben before the elections in an effort to deflate oil and bring gas prices down to $3.00. This should take the Dollar to about $1.45/Euro, maybe $1.50, as probably $20 of oil is now speculative premium driven by the bubble mentality, which is why oil has detached some from the dollar and is driving higher on no real news.
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Good piece, but I would suggest that the political factor be watched on the Dollar and expect a 25-50bp hike from Gentle Ben before the elections in an effort to deflate oil and bring gas prices down to $3.00. This should take the Dollar to about $1.45/Euro, maybe $1.50, as probably $20 of oil is now speculative premium driven by the bubble mentality, which is why oil has detached some from the dollar and is driving higher on no real news.
May 20 21:39 pm
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All Comments by sedek »3 Reasons Why the Fed Can Afford to Pause in June [View article]
Good luck and I appreciate the information.