2022/09/07 (064) Column
„Money Out Of Nowhere
– Not For Everyone!“
„Why Is Not Everyone Is Aware Of Their Responsibility?“
Money out of nothing; this privilege has been granted to the big banks in formal legal terms, at least since the Bretton Woods Agreement in the early 1970s. Mostly belong to great Jewish dynasties. And or also long Christian family trees, as well as Muslim family trees – which are distributed around the globe. And that’s just as well! Because what happens when secular statesmen presumptuously, the so-called private economy, i.e. capital, i.e. capitalism, the so-called free market, as we have called it since the fall of the wall in Berlin, after the end of the cold war, to abolish it, generations before me, in my home country Germany, have already experienced this twice. Under Hitler, in his National Socialist Germany, Jews were explicitly discredited as a problem legitimated by the state; as well foreigners and or christians & muslims too. And not only that. No. All non nazi´s have been denied by law, in the name of the people, not only the right to property. As if that wasn’t immoral enough. They even sentenced you to death – organized by the state. While in the former GDR, Jews were not explicitly discredited as a problem. But capital had to serve as a synonym for 40 years. Admittedly humane; so civilized. But still not competently excessive in terms of monetary policy and/or fiscal policy; on behalf of a central secular government. So that the left project GDR had lasted at least 40 years.
Today, in 2022, under the leadership of a liberal-backed, green, social-democratic federal government, don’t you also feel something of a little deja vu- if you`re thinking about us here, in my homeland Germany!? As if we would no longer understand ourselves, as if we would understand our fellow human beings, as if we would not understand the world anymore, in a pit that we (un)consciously (un)willingly all together more or less dug! Something’s wrong? Exactly right. “Some people should work even more, others get more money for less work,” as Bernd Förtsch (Publisher and/or owner of Boersenmedia AG) put it in his column back in July 2022. And Sleepy Joe Biden tried to politically organize at the summit of the stupidicy by now wanting to pick up the costs of the students! Where does he think the money comes from? Right! Each governemt has only 2 revenue opportunities. Either he invents a (not) useful tax to organize something (not) usefully for society. Just for the taxpayers and also consumers, which we all are, more or less, in every society. And or the state, the current government, gets into debt, legitimated by the state, in the name of the people. Just like every private citizen. And that at the current interest rate, on the yield curve. And that’s just as well! The best of all worlds. If we`re looking back right now, from the historical point of view. Without wanting to look back at the history of my home country. Which, by the way, I am extremely proud of, not only since the introduction of the euro but at the latest. And with a pronounced sense of responsibility when it even comes to the political history of our federal republic germany. Because since the introduction of the euro, nobody, at least in the euro zone, has taken us for megalomaniac, money-hungry, war-mongering nationalists, socialists, let alone nazi`s (national socialists). Even if I believe that the majority of my german compatriots, in 2022, secretly want the D-Mark back. But that’s just monetary policy. This is fiscal policy. This is a fundamental political decision.
Regardless of my personal political, fiscal policy, and/or monetary policy preferences, we deal with the current reality. And that means. That the money in the euro zone comes from the international ECB, from the euro countries. While the individual 26 federal governments always organize their own fiscal policy from a formal legal point of view. So we have to live with the euro; independently if i don`t like and/or or you like it. So let’s organize a society in the spirit of a conservative freedom-loving spirit, as most of us learned from our parents. Nothing comes from nothing. No one grew up doing nothing. Let alone has understood how to organize monetary material prosperity for himself, for his family, for his country. So that I would like to conclude my thoughts from today with the words of Bernd Fortsch: “We owe the fact that Germany is one of the leading nations in the world today to the diligence of our grandparents and parents and to the people who today, day in, day out going to the factory, the office, the bakery and the hairdressing salon – sometimesworking 40 hours a week for the minimum wage. Today’s prosperity is hard-earned. It is not given, transferred, given. In the cloud cuckoo land of the social democrats, that seems to have been forgotten. People there like to babble about respect, without knowing what the word even means and who deserves the respect: the people who keep this welfare state alive with their actions, so that those who find themselves in need through no fault of their own, those who are shaken by illness and who have been hit by misfortune is helped, not those who don’t want to contribute because they are being supported by the majority, who can no longer be asked to do so grossly unfair!” In this sense; enjoy your work. And good money – hopefully also thanks to my 4XSetUps…
DEVISE 2 DAY 48h – Last Price Action News
US Stocks Selloff
The Dow Jones and the S&P 500 fell for the second session on Tuesday, while the Nasdaq extended losses into a seventh session, the longest losing streak since November 2016 as the latest economic data reinforced market bets on more interest rate hikes from the Federal Reserve. The US economy has been showing signs that it remains resilient to such tightening, with the US services industry picking up again in August for the second straight month. Such data followed last’s week solid job report, with markets currently priced for another 75 bps rate increase this month. Rate-sensitive shares of Amazon.com and Microsoft Corp lost about 1% as soaring bond yields spooked investors.
US Futures Fall as Strong Dollar, Yields Weigh
US stock futures extended losses on Wednesday, facing renewed pressure from a strong dollar and a surge in Treasury yields that saw the benchmark 10-year US bond yield jump to its highest level since June. Futures contracts tied to the three major indexes were all trading in negative territory. In extended trading, Newell Brands fell more than 4% after lowering its third quarter revenue guidance, while Coupa Software surged nearly 14% on better-than-expected second quarter earnings. In regular trading on Tuesday, the Dow and S&P 500 dropped 0.55% and 0.41%, respectively, for their sixth losing session inseven. Meanwhile, the tech-heavy Nasdaq Composite declined 0.74% for its seventh consecutive down day, its longest losing streak since November 2016. Investors continued to grapple with the Federal Reserve’s aggressive fight against inflation, while awaiting the central bank’s latest economic updates and speeches from Fed policymakers.
Brazilian Equities Post Worst Session in 11 Weeks
Brazil’s Bovespa stock index closed more than 2% lower at 109,764 on Tuesday, snapping a three-session winning streak with its biggest loss in over 11 weeks. Hawkish comments from Brazil central bank President Roberto Campos Neto, who did not rule out a further rate hike at this month’s policy meeting and signaled that it may take longer than expected to start cutting rates weighed on sentiment. Almost all sectors lost more than 2% while technology shares edged up slightly. Brazilian markets will be closed on Wednesday due to a national holiday.
Canadian Shares Decline to 6-Week Low
The S&P/TSX Composite lost 183 points, or 1% to 19,088 on Tuesday, the lowest in six weeks, as investors expect the Bank of Canada to hike rates by 75 bps on Wednesday, which would take the policy rate to 3.25%. Across sectors, energy companies fell by 2% and materials, which includes precious and base metals miners and fertilizer companies, ended nearly 1% lower as gold & oild eclined. Heavily weighted financials fell 0.8% and consumer discretionary was down 1.3%.DEVISE 2 DAY Another 48 Hours – Where I Was Wrong, Whre I Was Right
Long in the USDX (since 02/14/2002) around 96 points and/or also long MSFT (since 03/07/2022) around 285 USD are meanwhile our only two open long trading capabilities. In addition to our last long in the Dow Future at 31.140 points (since 07/11/2022). After we realized our profits at 33.500 points (on 08/22/2022) – with 2.360 points at least. After our big long FB trading capability (from 02/17/2022) end of june`22 with painfully 48 USD. Fortunately, MSFT stock had turned above our stop at 240 USD. Since the start of august i formulated a long trading capability also. So that we have 2 financial market price actions on play, this week! USDX long; MSFT long; and/or UKOIL short once again.„Crazy Prices and/our sour apples“,
that`s how i describe not our commitment to date, but much more aklso the current price action development in the oil market, even especially in ukoil. However, we`ll try an old newshort trading capability; after in the last short one the market kicked us out above 100 USD – at that on my 44th birthday (on 08/29/2022). Even as i wrote: „Crazy prices and/or apples, in oil price action!“
good morning, good day, and/or good night
at whatever time, wherever you are !
right here right now :