Inflation

[over9k]

p/e slamming everything, p/e being driven by energy supply problems.

 

[divs4ever]

Anyone have any Intel on China undergoing a military coup, or is it bs?

Li Qiaoming apparently taking top spot with Xi about to be "house arrested".

one commentator i listen to ( who has family in diplomatic circles ) thinks it is bunkum ( or worse deliberate propaganda )

however time will tell , China might take such an actual opportunity for a purge ( Xi has already had some minor examples of them .. having been on the receiving end twice in his early years )

( given Xi's family background , one might wonder whether the military would back Xi )

 

[waterbottle]

Fighting words from the BoE in light of GBP dropping to parity and mortgage lenders halting issuance of new debt. Wow. Might see currency wars GBP v USD.

Statement from the Governor of the Bank of England

The Bank is monitoring developments in financial markets very closely in light of the significant repricing of financial assets.

www.bankofengland.co.uk

Mortgage lenders halt some deals after pound falls

Two lenders, Virgin Money and Skipton, say they will stop mortgage offers to new customers.

www.bbc.com

 

[frugal.rock]

 

[over9k]

Housing starts at 650k vs 500k estimated too

 

[Smurf1976]

mortgage lenders halting issuance of new debt.

That one may turn out to be extremely important in due course.

If it continues then, when someone looks back at this however far down the track, it may well mark a tipping point for much broader consequences.

 

[frugal.rock]

Housing starts at 650k vs 500k estimated too

Unfortunately for the sentiment lift (consumer confidence) and housing numbers, there's too many entities out there try to fulfil their own doom and gloom prophecies on the equities of things

With the way commodity prices are going, forget the affects sought after by raising interest rates, inflation will get rained in somewhat by prices falling purely because many inputs costs are falling. How long that takes from here I couldn't say, a few months at least though.

Not sure when the world will wake up to the US manipulation (price suppression & currency domination)) of nearly every market. I guess it's helping the majority of people's overall, but gee it's a big stick their playing with. ?

 

[qldfrog]

View attachment 147381

As i read it, it means the feds have to carry on raising the rates..so bullish USD indeed and bearish markets

 

[over9k]

View attachment 147331

I've noticed that gas price surges have preceded oil price surges almost every time this year

5% run on NRGU & GUSH the next day.

 

[over9k]

Unfortunately for the sentiment lift (consumer confidence) and housing numbers, there's too many entities out there try to fulfil their own doom and gloom prophecies on the equities of things

With the way commodity prices are going, forget the affects sought after by raising interest rates, inflation will get rained in somewhat by prices falling purely because many inputs costs are falling. How long that takes from here I couldn't say, a few months at least though.

Not sure when the world will wake up to the US manipulation (price suppression & currency domination)) of nearly every market. I guess it's helping the majority of people's overall, but gee it's a big stick their playing with. ?

The rest of the world can't do a damn thing about it and they know it.

 

[qldfrog]

As the markets digest the destruction of the gas pipeline, after the they did it, no they did..it is just putting a no way back on
Putin may have done it as it now means that Europe is dead economically even if Putin get killed or replaced.
Or the US as it is now a no way back situation
And as they are ready to fight Russia to the last Ukrainian/European.....
It is a very strong sign for energy price, and so inflation

 

[qldfrog]

Today is the day Australia discovers that AUD has lost nearly 20% against USD, and what the green economy means when we all go to the petrol station.

 

[over9k]

Three leaks just discovered on nord stream. Sabotage suspected. BIG news. Will probably be all over the normie news if you turn the tv on today. Russia already talking about switching them off.

 

[over9k]

 

[waterbottle]

European Energy Security Faces New Risks With Nord Stream Explosions | OilPrice.com

A number of new energy security risks have emerged in North West Europe, just at a moment when gas prices and volatility in European gas markets were falling

oilprice.com

 

[over9k]

Credit spreads and liquidity are really starting to crunch too. Markets continue to get more and more worried. I'm contemplating a short on the banks.

 

[over9k]

Looks like the danes were the first on the scene.

 

[waterbottle]

Let's see what the response is from the RBA next week with AUD falling and BoE talking up a surprise hike.

How long until the nordstream pipeline is fixed?

 

[qldfrog]

Let's see what the response is from the RBA next week with AUD falling and BoE talking up a surprise hike.

How long until the nordstream pipeline is fixed?

Never...
Not by Russia and blown underwater in 3 points so no easy fix.

 

[waterbottle]

Never...
Not by Russia and blown underwater in 3 points so no easy fix.

Meanwhile SPR approaching 50% capacity, with 20mil draw downs per month. 422mil barrels, with 209mil sweet. At this rate they'd be able to go for another 9-10 months.

https://www.spr.doe.gov/dir/dir.html

Maybe Europe will pull off a rapid green transition