Janet Yellen vs USDA

[errolanderson]

Fed unaccountability 9.0

https://www.youtube.com/watch?v=q9pnc7IXpC0

[ajl]

Canadian government debt is currently lower than the US but won't be in 5 yrs. Canadian government debt is held by Ontario and Quebec. Canadian private debt is higher than the US however making our overall debt to GDP worse than the US. Japan and the Netherlands lead the world in that department. So the US would sustain a small increase in interest rates but it would flush the rest of the world. Who has an economy performing well right now?

[cottonpicken]

If you really want to have a laugh if your a sicko like me or a cry if your normal. Look at the gaap accounting that applies to everyone except governments. It is completly off the rails there is no way out except maybe technology.

[errolanderson]

BOOM! released at 6:30 MDT this morning.
U.S. job creation in October came out like 271,000 jobs as compared to the average 187,000 trade estimate.

Market reaction . . . U.S. dollar surges pulling precious metals, the loonie, Euro and crude oil lower.

Good news is bad news for the stock market. Talk that Yellen will hike rates 1/4% in December is now placing some selling pressure in equities.

U.S. dollar strength is not good news for grain markets . . . .

[cottonpicken]

Hell of a move in the dollar. Chatter is December rate hike is a lock.

I imagine panic and doom in emerging markets.

[errolanderson]

As the global economy continues to sputter, an ill-timed U.S. rate hike should it occur in December . . .

https://lnkd.in/deJCRM7