Yeah, I have no doubt that the Fed won't do any sort of QE, unless they have already started lowering interest rates and the market was down 30+%.
I'm sure if the markets went higher today the media would be claiming the 'trade tariff' story as a major victory.
They aren't exactly boosting from this supposed fantastic/long awaited news..
The media is reactive based on the direction of the market and/or they sometimes 'guess' a forecast right..
In the end the market is always front running us, any counter trend rally is only a short-term news driven spike to the overall real trend of the market.
So, based on the last trading days of action, it comes down to whether you think that the market doesn't hold out much hope for the 'trade tariff' story.
OR..
That the trade tariff story doesn't matter in the big scheme of things because world growth is slowing. (not that world growth is slowing because of trade tariffs)
Sticking with my strategy of,
Long: US Treasury Bonds
Long: USD
Short: all equity rallies, at the high end of the range.
Long: Gold/Gold stocks once the Fed starts lowering interest rates (Q2 2019)
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Yeah, I have no doubt that the Fed won't do any sort of QE,...
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