2022/07/12 (048) Column
Inflation In China Defies International Trend
Losses Ahead Of Landmark Inflation Data
Inflation In China Defies International Trend
In contrast to the sharp rise in inflation in western industrialized countries, inflation in China remains relatively subdued. According to the latest information from the Beijing Bureau of Statistics, in the last calendar week just ended, Chinese consumer prices in June rose by 2.5% compared to the same month last year. Earlier in April and May, China’s consumer price index was 2.1%. The rise in prices that has now occurred is mainly due to the food components and there to the behavior of pork prices. The analysts’ consensus estimate had expected a slightly more moderate price increase of 2.4%. And what Sleepy Joe Biden with his ‘disastrous’ christians sociali democratic liberal green policy, in the White House has done about it, in context of the us inflation?
Tick-tock. Tick-tock. Tick-tock. Tick-tock. Tick-tock.
Shut down the oil production! And now their wondering why, in the formal, legally, state-legitimized scarcity economy, the energy prices for consumers and taxpayers (which we all are) are rising?
Tick-tock. Tick-tock. Tick-tock. Tick-tock. Tick-tock.
And or also insult Trump and/or our #MAGA Movement (us conservative freedom lovers all around the world) as a racist – and that although never in the history of the USA more non-white, inclusive more women, learned to understand themselves politically as Federal Republicans
Tick-tock. Tick-tock. Tick-tock. Tick-tock. Tick-tock.
And only because this ‘disastrous’ protestant social democratic liberal green Biden regime wanted to do the opposite politically, what Trump and/or the GOP realized in their 4 years before? Yes, that is the politically revanchistic evil spirit of Cain – who moved everything so that his brother had a difficult (monetarily material less) hard life!
And that`s why I, as a baptized Roman Catholic Franciscan Christian, and even more so an outspoken pro-Jew, pro-capitalist, pro-Israel, supporter I can only hope that US voters have not forgotten what life was like before Sleepy Joe took office. And also realize that the current state of fiscal policy in the USA and/or the corresponding state of the US economy was and is not a destiny!? Rather, it was and is the consequence of political (not) decisions by the US Democrats, under the watch of Sleepy Joe Biden?!
Losses Ahead Of Landmark Inflation Data
Wall Street appears to have lost heart again ahead of tomorrow’s key inflation data release. Because the leading index Dow Jones Industrial fell by 0.62 percent to 30,981.33 points on Tuesday. The market-wide S&P 500 even fell by 0.92 percent to 3818.80 points. And the tech-heavy Nasdaq 100 fell 0.97 percent to 11,744.99 points, nearly 1 percent. The US stock exchanges thus extended the losses they suffered at the beginning of the week. After the most important share indices initially stabilized somewhat last week, Wall Street became more nervous yesterday and/or today. So that prices gave way again. Because the recent economic worries remain omnipresent. And a restrictive fiscal policy from Sleepy Joe’s US Democrats is not to be expected either. Let alone a public admission that US inflation is due to its sprawling fiscal policy, which is spreading like a cancer to all US consumers. And makes all taxpayers more or less, depending on their income, financially poorer. Why the consequences of the Ukraine war have to serve as an argument. But what, as I have already tried to describe, is, at least in my opinion, only a political defense mechanism to openly admit one’s wrong energy policy, fiscal policy, and/or foreign policy.
New inflation data will be released tomorrow. And on Wednesday the producer prices. Expect to keepclimbing! Why should you fall too? If inflation turns out to be surprisingly high, at least for the majority of observers, many will again fear that the Fed will take a big interest rate step at its next meeting to counteract the sharp rise in prices and thus stall the economy. But that’s not what I’m assuming. Because higher interest rates make loans and investments more expensive and make alternative investments such as bonds appear in a better light than stocks. Which is why the FED will of course raise interest rates! But not so strong and so fast that the US stock market collapses. Because that’s what the Zugorerst left for, at least in my opinion. Which is why this summer of 2022, I’m focusing on the DOW JONES Futures – as you will read, in each upcoming issue, in Technical Analysis…
Russian Shares Close At Post-Invasion Low
The ruble-based MOEX Russia index closed 1.3% down at 2,134 on Tuesday, extending yesterday’s plunge to the lowest since the day of Ukraine’s invasion, as effects of the West’s sweeping sanctions and recession concerns pressured Russia’s heavyweight commodity-backed stocks. Shares of gold miner Petropavlovsk plunged 77% and were suspended from trading on the Moscow Exchange, as the company plans to file for administration in a bid to protect its business as it struggles to repay loans owed to sanctions-hit lender Gazprombank. The rest of the mining sector followed, with Polymetal and Severstal dropping 5.7% and 3.6%, respectively. On the other hand, Gazprom shares closed higher after Finance Minister Anton Siluanov said in an interview with Vedomosti business daily that the decision by the gas giant not to pay dividends this year for the first time since 1998 does not mean it will do so in the coming years.
Oil Slides 8% To 3-Month Low
WTI crude futures fell over 8% to nearly $95 per barrel on Tuesday, extending the session’s slide to near three-month lows amid a continuously poorer demand outlook and a surging US dollar. Renewed Covid-19 restrictions were announced in top importer China, exacerbating concerns of a global economic slowdown as 30 million people are reported to be affected by anti-spread measures.
Corn Falls To 5-Week Low
Corn futures extended their decline to $7.3 per bushel in mid-July, the lowest in over five weeks and tracking a broad decrease in agricultural commodities as investors digested new data from the USDA’s supply and demand report. Production forecasts for the 2022/23 marketing year were revised upwards by 45 million bushels in the United States due to greater planted and harvested area, while the yield remained unchanged.DEVISE 2 DAY Another 48 Hours -Where I Was Wrong, Whre I Was Right
This week i will focus on the development of the Dow Jones Future. I will also mainly address the E-mini Future, because I think that the next 14 days, in July 22, should be more than groundbreaking for August 22 – even for the further development up to September 22. Before we should find ourselves in the hot election campaign for the us mid term at the latest by the back to school season.
In summer, political fires, due to mid-term elections, at the end of autumn.
The highest inflation in 40 years. Not only, but especially in the USA. The worst prospects for the us economy future in the USA since the financial crisis of 2008. And a destructive green monetary-material poverty policy that takes the money out of their voters’ pockets. This self-inflicted legislative legitimized monetary material disaster for us voters, also in Europe, especially here in my homeland Germany also, should (un)consciously (un)intentionally move not only the price action but rather also cost votes! How many? We will experience that. And that`s why I will no longer formulate any new trading capability, in the near future…Realized losts in APPL, wins in TSLA, and no new shorts in the NDX100.
In Middle May our open long trading capability (from 02/13/2022) in APPL (entry 169 USD, stop 150 USD & target 230 USD) was stopped out. Which is one of the reasons why I also dissolved our TSLA short trading capability (from 02/21/2022 with an entry by 855 USD, stop by 1200 & target by 430 USD). But in this 4XsetUp at least with a realized gain of 121 USD (middle may closed by 734 USD). As well in our NDX short trading capability, we realized our gains in the NDX100 too (from 02/16/2022 with an entry by 14.500 & target by 12.000). So overall, when we compare all of our 4XSetUps, the bottom line is that we still have a profit to show for it. So that all in all, put all words together and/or added all numbers up, we can at least show a surplus.And that without paying attention to our first successfully completed UKOIL long trading capability (from 02/15/2022). When UKOIL traded faster as originally expected at USD 130 (03/06/2022) due the outbreak of the war in eastern Ukraine. And we made more as 20 USD, even more as 20%, in a few days. And that without leverage of any derivative. However inclusive our last lost long trading capability in UKOIL (from 03/09/2022) of 12 USD (entry by 112 USD with a stopp by 100 USD) last week, we still did well looking back in the UKOIL. As UKOIL falls back first time under 100 USD since the war trouble in eastern ukraine.
So let`s get straight to the point:
Long USDX (since 02/14/2002) at 96 points and/or long MSFT (since 03/07/2022) at 285 USD are meanwhile our only two open long trading capabilities. In addition to our new long YM1! in the E-mini Dow Future in this week. After we realized our lost long FB trading capability (from 02/17/2022) end of june`22 with painfully 48 USD.
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at whatever time, wherever you are !
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