I would have thought the downgrade by Fitch would have raised PM but instead it dropped...strange times.
Member
Credit downgrade
I would have thought the downgrade by Fitch would have raised PM but instead it dropped...strange times.
Moderator
Dollar up, gold down. Happens all the time.
https://finviz.com/futures_charts.ashx?t=DX&p=d
Member
Yeah, not much can be believed. Trump lost the election. Epstein killed himself. Best economy ever.... The hits just keep coming.
Now there's no more oak oppression
They passed a noble law
Now the trees are all kept equal
By hatchet, axe and saw.
I will not comply.
The Tea Party... quietly plotting to take over the world,
and leave you the hell alone!
Member
de facto the downgrading wasn't big news, and in reality the AA+ is still far too high, so nothing to see there.
Just wondering when the big bond rnewals are starting what the reactions of the markets will be because there pension funds etc have to make big decisions and they should if they are not politically biased press for higher rates to compensate for inflation and buying power loss of the dollar, If pension funds go south some might get VERY angry. and that would mean more than a late Fitch rating.
Golditiki+++
Member
You left out that inflation is transitory, his son, Hunter Biden, is the smartest person that Joe ever met, or that masks prevent Covid. Then there's the classic, I'll gladly pay you on Tuesday for a hamburg today and my dog ate my homework.Originally Posted by t00nces2
Do your own due diligence
I stand united with my friends & family in Canada who seek freedom.
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