Forex Today: Dollar capitalizes on rising yields, eyes on US PMI data

Started by OZER, Jan 04, 2022, 07:43 PM

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Elon is telling you what you already know, but that is a different thing than the stock market.  In theory the stock market anticipates 6 months to 18 months into the future, so when you are worried about the economy now, you might be missing out on the the stocks recovering as the bad news plateaus.  Still, there are a lot of people working and getting jobs, look at the recent job report, so someone is doing ok or well, even in high inflationary times.  So he is laying off people, I'm not sure if that is in China or US, I bet more in China,  but isn't there demand for his high end cars?  So is laying off 6000 people a hedge, because he might not hit next quarters numbers, which would be unfortunate for the people he is laying off?  I would like to know more about this lay off he wants.  It is also a good possibility, he might be losing market share as well from the other auto manufacturers that are catching up.


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The problem with this economy is going to be jobs. Labor participation is already low. The jobs we have are service sector. 

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Better stop. Middle class now living like those living on 25k 2yr ago

Why did do they want inflation to be above 2% when salaries are not even keeping up with that? Why are these people ruling the country?


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