Online:
Visits:
Stories:
Profile image
By silveristhenew (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Market Chaos Subsiding? Dollar Correction Over?

Sunday, February 14, 2016 4:47
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

B4INREMOTE-aHR0cHM6Ly8zLmJwLmJsb2dzcG90LmNvbS8tQjZFR0sxQnNLZXcvVnI1SlNGNE54OUkvQUFBQUFBQUFUYzQvakVmVXpSY1dPY3cvczMyMC9kb2xsYXIlMkJyb290cy5qcGc=

marctomarket.com / by Marc Chandler / Feb 13, 2016

The outlook for the dollar in the week ahead is not about economic data or the FOMC and ECB minutes.  It is about the stability of the global capital markets.

Many are looking for an event or official action that will stop the rout that is of historic proportions to start the year.   We too have been thinking about what it would take to stop the rot.    However, none of the frequently mentioned events, like an agreement to cut oil output, or for a coordinated policy response by the major countries, are particularly likely.
Nevertheless, perhaps the selling has been a bit like a fire than can exhaust itself.  If market speculation that the sovereign wealth fund is an important driver here, we can assume that it is a one-off portfolio adjustment.  Many Asian markets, including China, have been closed in the past week, and their return poses the immediate risks.  However, the European and US markets may have begun stabilizing at the end of last week, and increasingly media reports quoted analysts and fund managers recognizing the excessive nature of the price action.

READ MORE

The post Market Chaos Subsiding? Dollar Correction Over? appeared first on Silver For The People.

Thanks to BrotherJohnF



Source: http://silveristhenew.com/2016/02/14/market-chaos-subsiding-dollar-correction-over/

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.