2022/07/20 (053) Column

The ECB Is Worried About Continued Inflation,
While Dow Slightly Up On This Wednesday.


In Reality, They Want You To Feel Pain
– And That You Also Pay For Their Destructiv Policies Also…
That`s The Outspoken Politic Agenda Of The ‘Disastrous’ Protestant Liberals Green Social US Democrats!

Have you ever wondered who is paying for all the climate alarmists? How do you finance yourself? With the help of tax money that people like you and me finance? Private? In the form of profitable companies that even pay taxes? You too may have noticed, over the past 18 months, that Joe Biden and the climate cult alarmists who seem to control him sometimes act as if they have a monopoly on compassion. They feel your pain – like monetary material sadists. Making you pay to transform you into a passed out one. And then (un)consciously (un)intentionally enjoy the monetary material pain you inflict on your voters. And panic, out of control, when your non-voters, with your climate madness, can not do anything. You even try, like me, to publicly unmask your climate policy as a political pretext in order to enrich yourself – even financially, materially sadistically, by propagating a policy of renunciation and poverty. And that by fooling us into saving the world, even though it doesn’t need to be saved. And if necessary, even with pain! Freedom instead of socialism, it was said before, in the days of the left-wing East German GDR and West German FRG. More than 50 years ago.

Sleepy Joe was the first to announce it after his election.
And US consumers are now experiencing it every day, in everyday life. They want you to pay more at the pump. You want your energy bills to be higher. They want food prices to go up. They want you to get by with less. Then you’re doing all this in the name of climate change. If we, in our so-called West, don’t slowly start to publicly defend politically conservative, liberal ideas – also against green social democrats, under the cloak of freedom, under the cloak of democracy, to save Mother Earth from impending destruction – then we will consumer prices don’t come down anytime soon! Why? Just because we want it? No! Rather, if we implement the correspondingly restrictive fiscal and/or monetary policy measures. And these can only be conservative freedom-loving. Otherwise we lose ourselves for a whole decade in high inflation, in high impression, in complex (new) theories. And that just so we don’t have to publicly admit that, looking back, we were emotionally too green – politically too green. And ourselves, just because of the way which political parties, and or rather individual people, we (not) chose when we ourselves built our own monetary material green Babylon. And or in other words: green tax increases are a huge Trojan horse for big state socialism. Who, sooner or later, always ends up in the poverty trap, in the pit of dependency. Because he does not reward the profit of the individual who wants to offer his services, goods, products, and thus also offers you a benefit for which you voluntarily pay. Yes, even punished sadistically. By trying to sell monetary impotence as the norm.

Nevertheless, there are (green) left-wing politicians who want to fundamentally change not only the USA, but rather our so-called Wesite. And that even if it means that the lives of individual conservative, freedom-loving fellow human beings, like you and I, too, are made a hell of a lot worse. Because now the climate cult alarmists are waging a war against their own people, against our own private households. By trying to dictate to us how we have to consume something! Let this tasteless green policy melt in your mouth? Right! She stinks to high heaven! At the same time, their climate policy has a disproportionately negative impact on the poor, the middle class, people with a fixed income and older people, not only but above all in the USA. And thereby exposes itself as monetary-material selfish democratic feudalism, under the cloak of democracy. But don’t take my word for it. Instead, listen to heterophobic genius Pete Buttigieg, the man who doesn’t seem to just seem to be #OutOfTouch with women. But rather also as a politician, in public, as an incumbent in a public office, such as that of Minister of Transport. The last one to use similar words, last weekend – like me today…The ECB Is Worried About Continued High Inflation

The general move towards re-establishing a hawkish ECB monetary policy, at least in its infancy, should be seen as a careful admission of the high level of inflation. And that’s right. This is despite the fact that the pursuit of lower yields in highly indebted countries could trigger political problems for the EU bloc, as financial market participants seem convinced that the ECB will continue to act if spreads between yield curves, between euro countries, expand further.

The spread between Italy and/or Germany has tightened nearly 30 basis points, with the 10-year spread trading at around 207 basis points. So, if I interpret this correctly, bond markets seem convinced that if the range widens any further, the ECB will step in. However, the narrowing of the spread will not change the general increase in all isolated yield curves, the euro zone. Since higher interest rates are simply necessary, of course, in order to be able to contain the inflation, which is already galloping a long way off, at least to some extent.

The ECB has thus, due to its hesitant policy, put itself in a difficult position, because without a hawkish monetary policy, but rather also fiscal policy, in the individual capitals (where the ECB has nothing to say), however, a fight against inflation not possible. So that this conflict, which has been going on since the introduction of the euro, can lead to a further fragmentation of yields in the euro zone and thus to higher interest rates for the peripheral countries, which already have an above-average debt burden. Which is why lower yields for euro countries with a high debt burden should once again lead to legal disputes that are politically and formally legitimized, since the ECB’s monetary policy is to be carried out appropriately for each country. Which is why in the future, in the financial market 4XSetUp, in the coming days, weeks and/or months, I will mainly focus on the euro zone. And this regardless of whether the ECB will hike rates by 25 or 50 basis points tomorrow. I assume a 50 point increase. Although, given the current political situation, even an increase of just 25 basis points would not surprise me.Dow Slightly Up On This Wednesday

The most recent recovery rally on Wall Street ran out of steam this Wednesday. The central role on the global stock markets continued to be played by the gas supply in Europe, especially in Germany, and the concerns associated with it. But traders and also investors seem to have realized for the first time today that yesterday’s upswing was fundamentally unfounded. Because de facto, nothing has changed in the last 48 hours in relation to gas for the euro area, especially for us in Germany. Except maybe maybe the perception, the expectations of US WallStreet. And so the leading index, the Dow Jones Industrial, found itself more than difficult today, and in the end it only rose by 0.15 percent to 31,874.84 points. The market-wide S&P 500 gained 0.59 percent to 3959.90 points. The Nasdaq 100 rose particularly significantly by 1.55 percent to 12,439.68 points. For all three indices, it was enough for the highest level in almost six weeks during the course of the day.

However, the euphoria triggered by rumors about a continuation of Russian natural gas deliveries the day before was now mixed with a little more skepticism, which was particularly evident in the default values. In addition to initial indications of delivery volumes, there were also renewed verbal warnings from Moscow, so it is unclear how much gas will actually flow through the Nord Stream 1 pipeline from Thursday. The worries about the risk of a European gas crisis, including US Wall Street, are not entirely cold, although the US is not dependent on Russian gas supplies. Nevertheless, US WallStreet’s fear is understandable, as Europe is an important trading partner not only for the US, but also for other major economies. And so it is almost inevitable that a gas crisis in Europe, especially here in my home country Germany, will also follow price developments on the global financial market.

DEVISE 2 DAY Another 48 Hours – Where I Was Wrong, Whre I Was Right

Long 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 new long YM1! in the E-mini Dow Future last week. After we realized our lost long FB trading capability (from 02/17/2022) end of june`22 with painfully 48 USD.


I still have another long position of over USD 100 in the back of my mind. But I think that the surcharge due to Russia’s war of aggression against Ukraine has already been priced out underneath. And therefore other factors influence the price action development of oil to rise/fall.

Anyway. This summer 2022 we are mainly concentrating on our long YM1! in the E-mini Dow Future. Because in the bull/bear price war around the psychologically important mark of 30,000 points, a more than evil, volatile battlefield is likely to manifest itself, where daily fluctuations of several hundred points should not surprise you, my dear readers.