$E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$ china announce...
$E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$ china announcement on stimulus really brings metal prices to the moon. oil was suppressed by fake news that Saudi will increase supply, jokers don't even realise the energy minister never say anything about oil supply increase. and Asian countries will unlikely feel much effects because of Russia and other oil supplier in the region capped enough for their allies.
one thing china did which makes a lot of sense. If the US is telling a lie about inflation, china stimulus will only smoke US into hyperinflation. This makes the federal government shit in their pants as 2008 will repeat again. but this time china is not buying any US bonds. back in 2008 inflation fell to negative when they cut rates with Paul Volker calculations. today is manipulated 1 year calculation, and we are still above the 2%.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
I got banned in the casino getting deep with the sharks. so I came here to solve my addiction.
459Followers
46Following
5156Visitors
Follow
Seraphicall : Perfecto!!!! Damn oil so suppressed
razo2 OP Seraphicall : you see how all the metals rally while oil is lagging because of one CNBC news. what the energy minister says is correct, CNBC is just a gossip channel.
razo2 OP Seraphicall : little bird says Saudi never says they will increase oil to kill competition. is all bull shit
Warren Buffed : War keep going on, how the oil price can come down, if oil price not down, affects all transportation cost → shelter → food → company cost → wage→spending power down
Just stop the fkin war / proxy war to control the d+mn inflation
ETONA Warren Buffed : war will always exist
no war no money
no war no weapon testing
no war no new tech
remember the tech we (citizen) use is always out of date
ETONA : no stimulus also headache
property stuck
let us wait the new drama before election
till december will have few more dramas
Tonyco : Oil is falling because of USA production. Unlike other nations, the USA can't control supply. Once the government fills the reserve, there's nothing to stop it.
razo2 OP Warren Buffed : they want the war to continue. so can print money.
Warren Buffed razo2 OP : At least make some effort to stop keep raising debt ceiling
razo2 OP Tonyco : not true. SPR is super low levels. second it is much more expensive to refine oil in the US compared to other countries that have constant temperatures like Singapore, Malaysia and India. third there is a lack of sweet oil in the US which only a few countries in the world have alot of those reserves like Saudi, Russia, Venezuela, Malaysia. you do not refine pure crude to be use for cars as your refinery will die in a day. you need to blend crude with Brent to yield the most product with minimal accumulation of sulphur.
View more comments...