What if everyone’s wrong about the dollar? .... In his note — titled “Where could the consensus be wrong?” — Garthwaite identifies reasons why the dollar’s rally may be near its end.
Among other things, he found that history is not on the consensus’ side.
“The dollar has historically fallen after the first Fed rate hike; indeed, the first rate hike on the last 5 tightening cycles was associated with a dollar weakening by around 10% over the following 3 months,” he said.
Removing Iran sanctions to take 6-9 months: US Treasury .... "Only if Iran fulfills the necessary nuclear conditions [of the nuclear deal]...will the U.S. lift sanctions. We expect that to take at least six to nine months," he explained in an official statement. The International Atomic Energy Agency (IAEA) must verify compliance, and then phased sanctions relief will come into effect, the statement said. .... http://www.worldbulletin.net/world/162872/removing-iran-sanctions-to-take-6-9-months-us-treasury
USA army strategically move their assets to Turkey. Istanbul USA consulate under attack..the only way to push back oil price. USA will intensify the attack to ISIS..War like Gulf War..:)..knm..36sen-44sen..sekarang masih mahal..:)
WARREN BUFFETT: It’s going to be ‘very tough’ for the Fed to raise rates in September Warren Buffett doesn’t think a rate hike from the Federal Reserve in September is guaranteed.
After the July jobs report on Friday, economists’ expectations that the Fed will raise interest rates next month increased.
The US economy added a healthy 215,000 jobs, the June data was revised upwards, and the unemployment rate held steady at a seven-year low of 5.3%. Many economists saw this as a sign that the Fed saw “some further improvement” in the labor market, just like it had wished for in its last policy statement.
In an interview on CNBC Monday morning, Buffett said it will be tough for the Fed to raise rates when foreign central banks are keeping rates low to stimulate their economies.
“It may very well happen [in September], but I don’t think it’s an easy decision when rates are considerably lower in Europe, and you may be affecting imports and exports,” he said.
It’s not just Europe. As we highlighted over the weekend, some economists including Goldman Sachs’ David Kostin say economic weakness in China may once again postpone the first rate hike in a decade.
even the great General 'Wolf' Lee also no match for the combine forces of the oil plunged n ah cheat Gor bursukland scandals - all the bravehearts now lari lintang pukang :(
Congress may contribute to keeping interest rates lower for longer.
In a note Monday on the upcoming political calendar, Goldman Sachs’ Alec Phillips said that a protracted debate over the federal budget could add another reason for the Fed to wait, just like in 2013. ...
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
nomanland
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Posted by nomanland > 2015-08-06 21:59 | Report Abuse
What if everyone’s wrong about the dollar?
....
In his note — titled “Where could the consensus be wrong?” — Garthwaite identifies reasons why the dollar’s rally may be near its end.
Among other things, he found that history is not on the consensus’ side.
“The dollar has historically fallen after the first Fed rate hike; indeed, the first rate hike on the last 5 tightening cycles was associated with a dollar weakening by around 10% over the following 3 months,” he said.
http://www.businessinsider.my/dollar-past-5-initial-rate-hikes-2015-8/