Oil and Gold Prices Rise Amid Deepening Middle East Crisis

Powell is an emotional man 😀 Its both an advantage as well as a disadvantage. He is himself confused about how to proceed. He is caught between Too Much and Too Less and rightly so. The stakes are too high. By default Powell is an optimist. We can call him laid back in other words 😀 He does not like big disruptions, and thats why he keeps getting big disruptions 😀

Though he is getting better with time. And after the initial stupidity of late reaction to increasing inflation, he has learnt lot of lessons, and shown a good comeback. Right now he knows there are lots of aspects. There are atleast 20 different aspects he has to look at and balance. Intuitively he knows everything is getting back to normal, all the stats talk about that, but then this high GDP quarter spoiled the fun. I mean even 2.5-3% would have been fine but 5%! Someone really needs to look into why such a high jump. I personally feel nominal GDP would have increased marginally, but the sharp fall in inflation over last few months might have caused real GDP to be high. So thats why he has gone back to wait and watch. Excess savings of US citizens are all spent, and wage increases are back to normal. The only way US economy could keep outperforming is if people start taking debt due to all the spending habits developed due to revenge spending post covid, and I am sure high rates and lessons from 2008 wont allow that to happen. But then consumer credit is at very normal levels, it might show some elevated levels in the short term. I personally dont think it should due to high rates. Things should start going back to normal sooner than expected. Thats what I believe. And timely rate cuts and wise, well researched ,impactful Powell commentaries would be very important during that phase. Powell is simply ignoring the Russia Saudi alliance being hell bent on keeping oil prices elevated. He is not going to worry about that and he shouldnt. If inflation stays high due to those reasons, we have to live with it. Inflation simply becomes 2% + whatever the world chaos adds to it. Although he should put indirect pressure on Biden to handle that somehow. Thats it. Yields should peak at 5-5.4% and stay in 4.5-5.4% range for next couple of quarters before falling. We need couple of slow quarters for that. 2.2% for next quarter followed by 1.8% would do the trick. Global trade wars are stupid. US needs to stop attacking China so much. They are anyways ageing. They steal your technology?? You steal theirs!! You start manufacturing too! Stop trying to put sactions and bans. Most of the innovation in solar has been done in Australia yet the whole world uses that. Thats how it is! The world is one. Corrupt trade practices need to be kept a check on ofcourse. China and India have a bigger population! They will grow bigger than you! You along with yours Europes and Canadas are anyways equivalent to them! Whites, White Moors, Yellows, Browns, Blacks. The world is equally divided. Someone designed it smartly. Give everyone an equal say. Ofcourse keep a check on love for violence and negativity. We are not in middle ages anymore. We live in a civilized world. Wisedom is the only way forward.

I got some trading to do😮.. Get in while the getting is good📈

Gold is the king in this current environment ! Go for it !

A t = bank account so many in height