Ed Moya – Rising Interest Rates; The Higher For Longer Realization Will Weigh On Markets
Ed Moya, Senior Market Analyst at OANDA joins us to focus on the continued rise in interest rates. Higher rates directly impact markets especially growth stocks and will continue to filter into everyone’s daily lives. We discuss which sectors could get hit most and if there are any sectors that can benefit from these higher yields.
Click here to visit the OANDA website to read over Ed’s daily market note.
The Fate Of The World To Be Decided Here…
Peter Boockvar – The Boock Report – August 21, 2023
“Again, the fate of the world and the economy and markets comes down to a central bank/economist gathering in the beauty of a valley. While we hang on their every word, the rate hike odds for September is just 10% and is 36% for one more by yr end. How long rather than how much more in terms of tight policy is MUCH more relevant.”
“And that’s where we’ll hear from some about r* which I want to remind everyone that it is a made up central bank theory and econometric driven construct. But as long as they talk about it, we have to listen and it’s just the REAL rate they want and how is that measured. Should it be on one month of CPI/PCE or the TIPS market or something else. Longer term they want it to be .50% but for now it could be 1.5-2% and some believe that it is trending higher.”
“I’ll say again, there is one thing to see inflation fall back down but another to keep it there. Let’s talk transportation costs related to this…”
https://peterboockvar.substack.com/p/the-fate-of-the-world-to-be-decided
The buy is in…gdx etc///////glta….2023 will end up….the dollar could go 104+ swing…regardless….miners want up….