Gloria ai Bastardi - Cap. 1

[Dogtown]

petrolio sui 39.

 

[Dogtown]

petrolio sui 39.

gold segue al rialzo.

 

[Dogtown]

The Fed isn’t trying to overshoot its 2% inflation target, Yellen says.

Good thing, because it hasn’t been above the target for years!

 

[Dogtown]

Il Personal Consumption Expenditures Price Index è sensibile rialzo rispetto all'anno scorso.

 

[Dogtown]

Il $ si sta indebolendo anche verso le monete legate alle commodities...

 

[Dogtown]

vediamo se qualche movimento rientra non appena la Yellen smette di parlare, c'è ancora 1,5 ora prima della chiusura.

 

[Dogtown]

The Fed isn’t surprised by the slowdown in China, but the slower growth in some emerging markets as well as Europe and Japan wasn’t entirely expected.
Still, the slowdown in rest of the world hasn’t changed the Fed’s view of the U.S. economy significantly.

 

[Dogtown]

Yellen says the Fed could raise rates at its next meeting, in April, even though there’s no scheduled press conference after that meeting.

She says every meeting is “live” in the sense that a rate hike could be decided, but until the Fed actually hikes rates during one of these in-between meetings, the markets will assume that the Fed will act only when it can explain itself afterward.

That means June, September and December.

 

[Dogtown]

Yellen is not willing to say that lower oil prices haven’t helped consumption.

“The typical, the average household in the United States with oil prices where they are now is probably benefiting around $1,000 a year. And so very detailed microdata that I have seen on household spending patterns suggest that there may be a link, as you would expect, from reduced amounts that people pay at the pump, to other spending like eating out for restaurant meals and other things,” she said.

 

[Dogtown]

Yellen: drilling activity is declining