2022/09/13 (068) Column

„US Aid Packages Were Overkill,
After The Corona
Virus Outbreak 2020.“


US Aid Packages Were Overkill After The Corona Virus Outbreak

“State aid is gladly taken advantage of, especially in times of crisis – understandably. You still have to pay a price for it, as US inflation shows,” said the recent market report by the DWS experts. The US Democrats in the White House cannot be accused of a lack of political stupidy courage. With all love and/or respect! Calling the package of laws signed by Joe Biden the “Inflation Reduction Act” (IRA) on August 16 is not without risk. It is assumed today that the high US inflation (which has been rising successively since Sleepy Joe took office; precisely because of his fiscal policy and or above all green energy policy) has come down, in the next time, in retrospect precisely because of this measure. So that, as an US Democrat, you can celebrate in the future, that even this IRA (“Inflation Reduction Act”) was the reason. What a show; what a leftist political green socialist transvestite show, my straight men and/or women reading my column right now. Also transvestites, not that we misunderstand each other. But we can now dare to look back. Look at the evolution of US inflation since the inauguration of Sleepy Joe Biden and his US Democrats. And ask yourself; Who whispered you the wrong women’s clothes in your ears, my man? Who whispered you the wrong men’s clothes in your women’s ears, my woman? Who whispered you the wrong politics in your ear? Which you believed back than at the time and now, looking back, you don’t want to believe that it’s currently wrong?

However, one can formally legitimize the state, even promote a policy in which men in women’s clothes and women in men’s clothes are preferred. And not be encouraged to come back to yourself; because you cannot change the physiology and biology given by God, by your parents! Only in imagination; Isn`t it? The concern of many Americans, if not all but a few (men in women’s clothing, but also women in men’s clothing) who feel it is important enough to make of it a major political issue nationwide, is and remains that finance the current standard of living, of your own heterosexual family. And all this with the certainty that the children, the children children, will be better off financially in the future than they are today. The government and central bank want  to defeats inflation and promotes economic growth! What a miracle that this is also the aim of the FED? And that brings us even back to the US Democrat title of this IRA (“Inflation Reduction Act”) bill. After all, who wouldn’t want to be celebrated for having reduced inflation?

If you look at the individual points of the comprehensive bill, you can quickly understand why some see it as a slimmed-down version of “Build Back Better”, the package intended to cushion the effects of the pandemic in 2021 but which failed in Congress. And indeed, the IRA reads a lot about spending, infrastructure investments, tax, environmental and health policies, but little about inflation-controlling issues. But at least the package would reduce the national debt by 305 billion US dollars over ten years – at least according to the calculations of the Committee for a Responsible Federal Budget. Spend today and pay back tomorrow; this is how mostly politicans of the political class not only in the USA seduces its US voters. And manifests the future of the US as still the most indebted organization in the world. As the most indebted organization in human history. Their prosperity, in the form of the US dollar, is primarily based on the trust of all non-US Americans. And not for fundamental reasons! From our euro, here in Europe, I don’t want to argue this at all…

Inflation considerations were hardly made with the US Corona aid packages; was and is the first main cause of the historically high US inflation. So that the second surge in income was followed by the consumption frenzy from spring 2021. And consequently led to historically high US inflation today. This can also be applied analogously to all other countries that have also shut down their economy with formal legal legitimacy, more or less. Like for better or for worse, like most other competent financial market participants, I ask myself the question every day: What does the financial market price make of it? The currency ? The Yield Curve? The stock market? Individual stocks? And or also individual raw materials? That´s it! At least for this column…DEVISE 2 DAY 48h – Price Action News

Stocks in Turkey Hit All-time High
BIST 100 increased to an all-time high of 3684

CNY Steadies Near 1-Week High Tuesday Session
The offshore yuan steadied around 6.92 per dollar, hovering near its highest levels in a week, supported by firmer-than-expected official guidance and a softer dollar. The People’s Bank of China set the midpoint rate at a one-week high of 6.8928 per dollar on Tuesday, coming in higher than expected for the 14th straight session as authorities try to arrest rapid currency declines. Sentiment was also lifted after Premier Li Keqiang said that China will continue to roll out phased policies to stabilize its Covid-stricken economy.

China Stocks Rise In Post-Holiday Trade
The Shanghai Composite inched up 0.05% to close at 3,264 while the Shenzhen Component rose 0.38% to 11,923 in post-holiday trade on Tuesday, extending gains from last week, as upbeat global sentiment lifted mainland stocks. Adding to the bullish view, Premier Li Keqiang said on Monday that China will continue to roll out phased policies to stabilize its Covid-stricken economy, emphasizing the need to promote consumption and boost effective investment. Meanwhile, investors remained cautious ahead of US CPI data due that could influence the Fed’s tightening plans and the trajectory of global growth.

European Stocks Cautious Ahead Of Key US Inflation
European shares traded slightly higher on Tuesday, with the DAX adding 0.6% and the STOXX 600 adding nearly 0.3%, led by gains in healthcare, utilities and basic materials while cyclicals underperformed. Investors remain cautious ahead of the US inflation release later in the day which is expected to point to a slowdown in CPI for a second month, which could offer some support the Fed will reduce the size of the rate hikes by the end of the year. Meanwhile, the ZEW Economic Sentiment Index for Germany deteriorated more than expected. On the corporate front, Schneider Electric is nearing a deal to take full control of British software company Aveva Group, Sky News reported last night. Also, UBS said it plans to increase its dividend by 10%DEVISE 2 DAY Another 48 Hours – Where I Was Wrong, Whre I Was Right

As a principled conservative freedom lover, i will be violating one of my principles this week.
And live my highest principle out, which is: “Sometimes you have to go against your own principles!”

What happened?! What happened!? I took some e-mails from my readers to heart; due to your criticism that my recent issues are bland and boring.
Not in what I write, but in terms of the number of various 4XSetUps Trading Capabilities. Which I hereby expressly do not contradict; that’s right. But I figured I’d use a smaller numbers 4XSetUps Trading Capabilities a try. Like an old US Wall Street veteran. And not like a young green soldier who, with wide blue eyes and/or running water in his mouth, can’t wait to go to war when he gets up in the morning. I don’t want my DECISE 2DAY Affiliate Financial Market Online Newspaper to satisfy your thirst for adventure, my lovely dear readers. Rather, I would like to help you so that, after reading each edition, you not only feel more informative and competent, but actually truly are. And thus make even better trading decisions (buy/sell or no trade).

But okay, admittedly; Count me in. After all, I write my thoughts primarily for my readers. Yes, also for you. right for you too. And I’ll just make sure that we’ll have an average of one or two handfuls of open 4XSetUps in the future! Although sometimes at 44 years I feel like Danny Glover (“I’m too old for this shit!”) from the 4-part Hollywood police cinema action movie Lethal Weapon. Who can hardly wait for his police colleagues to finally send him into retirement. Because of the everyday theather. But what else am I supposed to do? I’ve been dealing with US WallStreet for more than half my life, (in)directly (un)successfully…

However, basically I’m still bullish on the USD. Everything fits; about the USD index for us (compared to all major currencies from the index basket). And that’s why I want to secure our profits, because they have accumulated better than originally thought. By that I mean take our long 4XSetUps Trading Capability profits at the latest at 107 points. At 106.99 points and lower, stay neutral for the time being. And long again at 107.01 points and/or above; if the USD index falls down and/or comes back. A concrete Technical Analysis 4XSetUp will be available again next week. Because this week, in each DEVISE 2 DAY Affiliate Financial Market Online Newspaper, there will be new long 4XSetUp Trading Capability of various individual stocks, a single currency pair, and/or a stock market sector indices. In addition to the renewed long 4XSetUp Trading Capability in the DOW JONES Future, from to the start of this week…