Saturday, September 26, 2020 12:36:34 PM
So stepping up their purchases (of what ?), enables what to happen ?
Was it govt. and corporate bonds that they purchased ?
And if so how might THAT help establish a floor in equity markets ?
Awwww.....I'm just conceding that I'll never figure out how central banks function, etc.
But
The Dollar has certainly been busting a nut.
This is from a week ago
One week later and sure enough - Gold's kinda been getting thwacked (in response to the GLARING 1.30 Level)
Why it's almost looking like the election might determine what that thing (and gold) does !
Also strangely (conversely) one might actually be able to predict the election outcome based on that.
I suspect that if Trump won it would take the green arrow route.....and that if Democrats won it would Clonk !
And/or actually maybe - It's the other way around - If Republicans won the dollar would TANK (sending the S&P up thru the roof because a weakening dollar makes the US more competitive)
.
Anyways - I dunno - Just a buncha (swing-trade) thoughts - Anyone else have any ?
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