March 15 will be an important day.

[Kinser79]

(03-15-2017, 02:53 PM)SomeGuy Wrote:

(03-15-2017, 02:37 PM)Kinser79 Wrote:

(03-15-2017, 02:18 PM)SomeGuy Wrote:

(03-15-2017, 02:14 PM)X_4AD_84 Wrote: Welp ... no more QE for now.

Rates are going up, not down.

Should be an interesting ride.

Its a quarter point.  Considering how low and how long interest rates have been it's about time.  It might move some of that QE cash out of the stock market and into the real economy.  I'm more interested though in the other 15 March event, the Dutch Election.  It could spell the prelude of the other 2017 elections in Europe (France and Germany).

I'm not claiming the collapse of the economy tomorrow.  Stopped doing that one a while ago.  Recession is still likely at some point during Trump's (first?) term.

Am less interested in the Dutch election.  Wilder's PVV may or may not do better than last time, but there is no possibility of him becoming Prime Minister this election, so it's only of moderate interest.

How Le Pen does a few months later is much more interesting.  Fillon is under formal investigation (and not dropping out, as per his promise) and the Left's big hope is... an investment banker.

Wilder might not end up PM but he might still be able to push his agenda if the Coalition Government is weak.  Le Pen is looking good, and Merkle's party isn't looking good for Germany.

As for recession?  Yeah I expect one to happen--at least on Wall Street--don't know if it will hit the Real Economy though.  Hence why I've been shorting my stocks since CNBC started calling a Trump Rally back in November.