ECB Cuts Rates Further

[cottonpicken]

This is a massive move in the dollar on this news,even Goldman was forcasting a reverse of this so obvious they are trying to two step ahead because if the usdx would continue to rise and then have a great spike if hike comes on the 16th your talking pretty serious turmoil in the carry trade and most everything else. So I'm guessing this does point to a small hike coming but it's all so insane who cares. Gives insidereds a time to unwind and reposition.

There are reasons some want king dollar to remain king dollar.

[cottonpicken]

Often wondered why such giant things get so little attention.

[errolanderson]

cotton . . . IMO, this will be the shortest lived Fed tightening cycle ever.

A 1/4% rate hike on December 16th appears a-go despite U.S. manufacturing and export sectors turning recessionary. U.S. retail sales are slowing. What's left is their service sector and the clock is ticking on-this- one.

The extreme volatility in the U.S. dollar this week is a 'clear warning' of further economic turmoil ahead. Goldilocks economic thinking is going to come to haunt the U.S. Federal Reserve.

[perfecho]

CP...the attention part..the majority of us don't get it...makes your head hurt...reason doesn't seem to work...the US has been going through downturn after downturn and yet they keep 'strengthening"...everything is upside down and yet equities seem to keep having banner years...QE seems to keep equities going, but others flounder...kinda like politics, easier to not care.....

[cottonpicken]

Total credit market debt is annuli zing around 11% that's like a seven year doubling. Us soverign is around eight years. In eight years your talking 36 trillion in 16 years 72 trillion. The purchasing power of paper is going to have to get reset.