tag:blogger.com,1999:blog-1708908742323002823.post8920601464466286180..comments2024-02-10T02:18:27.240-08:00Comments on Trader Dan's Market Views: Why the Delay from the Fed in Announcing Additional Stimulus MeasuresTrader Danhttp://www.blogger.com/profile/05484363461047659198noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-1708908742323002823.post-73558771467336616962012-05-17T19:00:03.458-07:002012-05-17T19:00:03.458-07:00Gas prices, QE and the Presidential elections are ...Gas prices, QE and the Presidential elections are linked. Expect this chart to explode to the upside after November 12.Kenhttps://www.blogger.com/profile/01695062808901501570noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-13340137902767287862012-05-16T16:50:38.441-07:002012-05-16T16:50:38.441-07:00No way. Go look at the monetary statistics. As D...No way. Go look at the monetary statistics. As Dan said they are scared of the rising bank credit, velocity and multiplier combined with QE, which they have to do or the banks will implode. <br /><br />The situation in Europe will force their hand, the ZH article today on why the JPM bet went bad is a classic case of Dimon being on both sides of the trade and not understanding the consequences of his own policy decisions.<br /><br />The CCI/S&P ratio is a 3 year high. That is your oversold market segment and if it continues, hard assets will continue to flow east until there's nothing left except a couple of HFT computers at the COMEX wondering why there's no one left to play with.<br /><br />The Fed is going to act ag<br /><br />Ta,Tom Lhttps://www.blogger.com/profile/12540975540394006000noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-11135612248960954612012-05-16T14:30:48.506-07:002012-05-16T14:30:48.506-07:00Hi,
I'd expect the oil price to decline quite...Hi,<br /><br />I'd expect the oil price to decline quite seriously over the coming months, say down to $70/bbl or less. The Fed may have decided to wait until this has played out. Firstly, a lower oil price should eventually help the economy, perhaps more so than QE3. Secondly, if QE3 starts with oil already very expensive, it might be totally counterproductive if QE3 just increases the oil price further.<br /><br />Finally, short term interest rates have been creeping up since the end of 2011 and are now roughly stable around 0.1% for 3 months (^IRX). If the rates would not decline with the introduction of QE3, this would pretty soon translate into an increased velocity of money.<br /><br />VictorAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-9891207935669297492012-05-16T12:51:53.068-07:002012-05-16T12:51:53.068-07:00Dan,
Not sure what part of the country you live i...Dan,<br /><br />Not sure what part of the country you live in but in northern Ca gas has exploded to the upside the last few weeks --the average price around here is around $4.35/gallon<br />Just crazy with oil down over $15 you would expect gas prices to come down but not in northern Ca-just the opposite they are going up like there is no tomorrowRoberthttps://www.blogger.com/profile/00312302955234587786noreply@blogger.com