reditaccount288 377 Posted January 11, 2018 Share Posted January 11, 2018 Jerome Powell joining to the FED really soon, lets see what happens, time to open some shorts? Exciting times ahead, i cant believe market will keep going up without correction Find your freedom in the music, find your jesus, find your kubrick. Link to post Share on other sites More sharing options...
Economy 52,844 Posted January 28, 2018 Author Share Posted January 28, 2018 On 11/01/2018 at 6:53 PM, reditaccount288 said: Jerome Powell joining to the FED really soon, lets see what happens, time to open some shorts? Exciting times ahead, i cant believe market will keep going up without correction Fee should keep raising interest rates. That certainly puts pressure on stocks as fixed income becomes more attractive with greater returns Link to post Share on other sites More sharing options...
reditaccount288 377 Posted February 5, 2018 Share Posted February 5, 2018 On 12/1/2018 at 12:53 AM, reditaccount288 said: Jerome Powell joining to the FED really soon, lets see what happens, time to open some shorts? Exciting times ahead, i cant believe market will keep going up without correction Find your freedom in the music, find your jesus, find your kubrick. Link to post Share on other sites More sharing options...
Economy 52,844 Posted February 12, 2018 Author Share Posted February 12, 2018 On 05/02/2018 at 6:19 PM, reditaccount288 said: We all saw it coming tho Link to post Share on other sites More sharing options...
Woolfsmck 2,763 Posted February 12, 2018 Share Posted February 12, 2018 5 hours ago, Economy said: We all saw it coming tho Considering that the recent drop, it's not really a correction but a reaction to news that the Fed may have to increase the lending rate more than planned.. 5k drop over a few weeks would be a realistic"correction" even... It's still a bull market.... like a cat in a sil, I observe life, moving and still. My words give a clue,look inside to see whats true Link to post Share on other sites More sharing options...
Economy 52,844 Posted February 12, 2018 Author Share Posted February 12, 2018 1 hour ago, Woolfsmck said: Considering that the recent drop, it's not really a correction but a reaction to news that the Fed may have to increase the lending rate more than planned.. 5k drop over a few weeks would be a realistic"correction" even... It's still a bull market.... All I know is I want buying opportunities but I'm in the process of converting my investment account to the tax free one and it takes up to 5 business days so no trading for me this week I swear if it rebounds when I get my account back Link to post Share on other sites More sharing options...
Economy 52,844 Posted April 21, 2018 Author Share Posted April 21, 2018 Anyone else wonder what Trump will try to do with oil prices after his tweet? Link to post Share on other sites More sharing options...
Chuckles 2,549 Posted January 12, 2019 Share Posted January 12, 2019 Mexico has had a terrible week regarding gasoline. Note: we import most of our gasoline because we don't have the infrastructure, the gasoline is thus distributed through ducts across the county. At the beginning of the week, government claimed that they were closing some ducts to avoid the "constant robbery of gasoline" which everyone thought was a good idea against that crime. That decision brought shortages mostly to central Mexico. However, by the end of the week it was confirmed by the WSJ that the imports were reduced almost by a third which means there is a REAL SHORTAGE OF GASOLINE compated to the average consumption This new president and government are not doing things right as they claim to be doing, it's a mess. https://www.wsj.com/articles/mexico-reduces-u-s-gasoline-imports-11547249440 Link to post Share on other sites More sharing options...
Economy 52,844 Posted January 12, 2019 Author Share Posted January 12, 2019 13 hours ago, Chuckles said: Mexico has had a terrible week regarding gasoline. Note: we import most of our gasoline because we don't have the infrastructure, the gasoline is thus distributed through ducts across the county. At the beginning of the week, government claimed that they were closing some ducts to avoid the "constant robbery of gasoline" which everyone thought was a good idea against that crime. That decision brought shortages mostly to central Mexico. However, by the end of the week it was confirmed by the WSJ that the imports were reduced almost by a third which means there is a REAL SHORTAGE OF GASOLINE compated to the average consumption This new president and government are not doing things right as they claim to be doing, it's a mess. https://www.wsj.com/articles/mexico-reduces-u-s-gasoline-imports-11547249440 Lack of infrastructure with fossil fuels is a big issue here in Canada too Were the 3rd biggest oil reserves holders and 4th biggest producers in the world but we have to import most of our oil while we sell most of what we produce to the US at a discount cuz that's where our infrastructure lets us do Link to post Share on other sites More sharing options...
Woolfsmck 2,763 Posted January 13, 2019 Share Posted January 13, 2019 Canada should apply for statehood....☺ like a cat in a sil, I observe life, moving and still. My words give a clue,look inside to see whats true Link to post Share on other sites More sharing options...
Chuckles 2,549 Posted January 13, 2019 Share Posted January 13, 2019 6 hours ago, Economy said: Lack of infrastructure with fossil fuels is a big issue here in Canada too Were the 3rd biggest oil reserves holders and 4th biggest producers in the world but we have to import most of our oil while we sell most of what we produce to the US at a discount cuz that's where our infrastructure lets us do I had no idea Canada did the same as Mexico. I just searched and we are not the big on reserves/imports. Link to post Share on other sites More sharing options...
Economy 52,844 Posted January 13, 2019 Author Share Posted January 13, 2019 Just now, Chuckles said: I had no idea Canada did the same as Mexico. I just searched and we are not the big on reserves/imports. Our reserves are the 3rd highest in the world but yeah we sell our oil at a discount because environmental protesters successfully have blocked every pipeline and we are forced to sell to only one region in the US so we have to take what we are offered Link to post Share on other sites More sharing options...
Economy 52,844 Posted March 14, 2019 Author Share Posted March 14, 2019 @Woolfsmck power outage in Venezuela has cut their oil production in half... If it doesn't get back up and running soon prices could surge! Link to post Share on other sites More sharing options...
Economy 52,844 Posted May 5, 2019 Author Share Posted May 5, 2019 Hey guys. Just letting u all know this thread is likely to close! Due to weak participation after a while I stopped updating and posting here so there is no reason for this to continue pinned For everyone who did participate tho, thank-you Link to post Share on other sites More sharing options...
Economy 52,844 Posted June 10, 2019 Author Share Posted June 10, 2019 4 hours ago, sphx said: hello @Economy how is the economy doing I thought this thread was deleted And that depends which country your talking about Link to post Share on other sites More sharing options...
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