- Search Forex Factory
- Hutch commented Apr 28, 2019
As an American working in China I totally agree with you. No matter which country, it's much better trading in your own currency than trading in a foreign currency since this reduces trading and economic risks.
China lobbies ASEAN on yuan use, cracking dollar dominance
- Hutch commented Apr 28, 2019
Good jobs come from companies that expand their business and spend money on research thus requiring more highly qualified workers. These days companies don't expand their business and do little research; instead they squander billions of dollars ...
Where Do Good Jobs Come From?
- Hutch commented Apr 28, 2019
Given the number of homicides, last reported figure of 17,250 for 2016, most of them with fire arms, I can only agree with you that Trump's support of NRA is disgusting. Your statement "we should allow all countries the right to whatever military ...
GDP: Deja Vu
- Hutch commented Apr 28, 2019
The Real Investment Advice analyst ( url ) concluded that, after taking into consideration inflation, the real GDP is not 3.2% as reported by the Bureau of Economic Analysis (BEA) but less than half at 1.56%. This is because consumer spending is ...
GDP: Deja Vu
- Hutch commented Apr 28, 2019
It reminds me of the movie "The big short" since the basis of this story is exactly the same basis as the scenario of the movie. Good times for short traders are soon to be here again
Preventing the Next Housing Crisis
- Hutch commented Apr 28, 2019
The Real Investment Advice analyst ( url ) concluded that, after taking into consideration inflation, the real GDP is not 3.2% as reported by the gov but less than half at 1.56%. This is because consumer spending is going down while companies ...
S&P 500 and Nasdaq close at record highs after strong GDP report
- Hutch commented Apr 28, 2019
When people vote a gov composed of extremists from the left and the right that will never agree on a path to needed economic reforms this is what people get. As per the good old saying "You get the gov that you deserve". Don't be surprised to see ...
S&P leaves Italy rating unchanged amid gloomy business forecasts
- Hutch commented Apr 28, 2019
Please note that the Fed has, because of NAFTA, standby currency swap agreements with Canada and Mexico in order to either provide USD liquidity to both country or to get liquidity in CAD or MXN from these countries.
Don’t Be Fooled: Turkey’s Increased US Dollar Reserves Come At A Very High Risk
- Hutch commented Apr 28, 2019
I think there are two possibilities. Turkey entered into a currency swap as reported; or, since Russia is upgrading its gold reserve and has excellent relationship with Turkey it's possible that Turkey sold a substantial amount of gold to Russia for ...
Don’t Be Fooled: Turkey’s Increased US Dollar Reserves Come At A Very High Risk
- Hutch commented Apr 28, 2019
From the Real Investment Advice report: "The price index for gross domestic purchases increased 0.8% in the first quarter, compared with an increase of 1.7% in the fourth quarter. The PCE price index increased 0.6%, compared with an increase of 1.5% ...
About That First Quarter GDP 3.2% Surprise
- Hutch commented Apr 28, 2019
Fitch is right stating that extending the process outlined in Article 50 of the Treaty on European Union to 31 October 2019 reduces but does not eliminate the risk of a no-deal Brexit. If the UK's MPs cannot see the light and get their house in ...
Fitch Maintains the UK on Rating Watch Negative
- Hutch commented Apr 28, 2019
Sooner or later there will be another recession. The best way to combat a recession is to cut interest rates to encourage the consumer to spend. Both the RBA and the RBNZ actually have very low interest rates that had not been seen for years. It ...
The focus is about to turn to central bank rate decisions, with the choices and direction more...
- Hutch commented Apr 27, 2019
CBDS is interesting. Do you smoke this stuff? url
Warren Buffett made 12 predictions about bitcoin, table tennis, and his death -- here's how they...
- Hutch commented Apr 27, 2019
"the Climate Change Act requires Britain to reduce its 1990 carbon emissions by no less than 80 per cent by the year 2050, making us the first major economy to make such a dramatic commitment." It's obvious that UK's commitment is admirable but it ...
Climate Change and the Federal Reserve
- Hutch commented Apr 27, 2019
The country that will be first to implement a total cashless society is Sweden. The country has moved so far in using digital currency that some people have been implanted with microchips in their hands in order to pay for goods and services. Sweden ...
Warren Buffett made 12 predictions about bitcoin, table tennis, and his death -- here's how they...
- Hutch commented Apr 26, 2019
Because bitcoins are outside the control of gov they will never accept it. The day one gov accepts bitcoins as their official currency will both be dead. What I see in the future is that gov will make their own crypto currencies but they will be ...
Warren Buffett made 12 predictions about bitcoin, table tennis, and his death -- here's how they...
- Hutch commented Apr 26, 2019
Fungibility today applies only to something that is tangible i.e. you can see it. Maybe someday it will apply to intangible crypto currencies but I very much doubt it. This is because no gov will ever agree to lose control of their power to print ...
Warren Buffett made 12 predictions about bitcoin, table tennis, and his death -- here's how they...
- Hutch commented Apr 26, 2019
I did look and I found this article: url The bottom line is that bitcoins are not legal tenders in any country since they are considered a commodity.
Warren Buffett made 12 predictions about bitcoin, table tennis, and his death -- here's how they...
- Hutch commented Apr 25, 2019
Innisfil, a town of 36,000 people, is going to conduct a 1 year trial only for the payment of property taxes. I don't consider that, as you said: "Happening all over"!!!
Warren Buffett made 12 predictions about bitcoin, table tennis, and his death -- here's how they...
- Hutch commented Apr 25, 2019
You are too harsh on Sid. Please let him believe in his delusion. One day he will wake up and see the light.
Warren Buffett made 12 predictions about bitcoin, table tennis, and his death -- here's how they...