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re: Over the next 3 months, will the $ strengthening or weakeing against the £?
Posted on 7/15/14 at 7:33 am to Iowa Golfer
Posted on 7/15/14 at 7:33 am to Iowa Golfer
And today (and tomorrow I think) we'll learn more perhaps. I think the bull runs through the middle of next year. I think we hear today that rates are staying low. The carry trades involving the dollar will continue to provide cheap financing for banks, and I see no change. Mostly based on some bank earnings that are being reported as coming in below expectations and the one central banker opening his yap late Friday.
My prediction. Again, we'll know more today. The market will be at almost a complete standstill until we get the word.
My prediction. Again, we'll know more today. The market will be at almost a complete standstill until we get the word.
Posted on 7/15/14 at 8:43 am to Iowa Golfer
quote:Didn't JPM and GS both beat when they reported this morning?
Mostly based on some bank earnings that are being reported as coming in below expectations
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