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George Ure Sez…. Here’s Why The FED Has To Make A ‘Surprise’ Announcement …And Soon…
Monday, August 24, 2015 10:44
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George Ure Sez…. Here’s Why The FED Has To Make A ‘Surprise’ Announcement …And Soon…
Posted By: Watchman
Date: Monday, 24-Aug-2015 12:26:51
Date: Monday, 24-Aug-2015 12:26:51
Well, tomorrow (Asia time, which is tonight our time in ‘Merica) the Chinese market comes to a major inflection point. I’d explain in Elliott Wave terms, but you’d glaze over.
The main thing is, if the Fed is going to do anything to hold the slide in the markets, they MUST make a major announcement today.
The two likely choices are?
1. They could announce NO RATE HIKE UNTIL THE ECONOMY FURTHER IMPROVES. Bully-pulpit QE-4.
2, They could also simply announce QE-4 because as we explained in our Peoplenomics analysis this weekend, the flow of imports is going back up.
3. The USA could hint that we are going to Devalue, too. In which case, American exports would become more competitive. Exports might increase and gold would go to the moon., But there would be plenty of pain. Forex markets are doing it, regardless.
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Source: http://nesaranews.blogspot.com/2015/08/george-ure-sez-heres-why-fed-has-to.html
