Janet Yellen vs USDA

[cottonpicken]

If you really want to have a laugh if your a sicko like me or a cry if your normal. Look at the gaap accounting that applies to everyone except governments. It is completly off the rails there is no way out except maybe technology.

[errolanderson]

BOOM! released at 6:30 MDT this morning.
U.S. job creation in October came out like 271,000 jobs as compared to the average 187,000 trade estimate.

Market reaction . . . U.S. dollar surges pulling precious metals, the loonie, Euro and crude oil lower.

Good news is bad news for the stock market. Talk that Yellen will hike rates 1/4% in December is now placing some selling pressure in equities.

U.S. dollar strength is not good news for grain markets . . . .

[cottonpicken]

Hell of a move in the dollar. Chatter is December rate hike is a lock.

I imagine panic and doom in emerging markets.

[errolanderson]

As the global economy continues to sputter, an ill-timed U.S. rate hike should it occur in December . . .

https://lnkd.in/deJCRM7