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"Hawkish" Yellen Sends US Dollar Surging Above 100 To 12-Year Highs
Great news right? Or is the entire rest of the world exporting deflation to America... and The Fed waving it in?

Think this oh-so-crowded trade has nearly run its course? Think again says Bloomberg's Richard Breslow, who notes that we're about to see what happens when DM monetary policy diverges:
- In the last 24 hours, I have read more analyses than I can count that it’s time to abandon the long dollar trade. I concede that opinions can differ and refer you to the top of the previous paragraph, but also assert that nothing has changed in the big picture
- The ECB is planning additional easing because what they’ve delivered so far hasn’t done the trick. Certainly not if you look at the youth unemployment rate in countries heading for elections soon. It’s a hopeful assumption that this time success is baked in the cake
- The Fed is tightening. Because it can. It’s hard to say the Fed move is priced in when the market is priced far more dovishly than the dot plots. There is little to suggest that the euro versus U.S. yield curves should converge, at any duration
- The Bloomberg Dollar Index made an all-time high Monday. Yesterday, Tuesday, it fell to levels not seen since Friday and it was described as a crash. This is somehow foretelling a EUR/USD move to 1.13 or even 1.20. The average price over the last year is 1.1217 and we’re headed to 1.20? There are far more countries poised to mirror the ECB than the Fed
- It’s admittedly a crowded trade. For good reason. I would argue that given the number of companies bemoaning the stronger dollar, it’s not nearly crowded enough.
Who needs foreign revenues anyway?
Charts: Bloomberg
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Bullish for exports. </sarc>
And Emerging Markets are getting crushed
http://www.goldsqueeze.com/home/emerging-markets-hanging-by-a-thread
Emerging markets just sounds sooo much better than global peons......
I really think Amerika destroys the world just to stay on top the trash heap...
It's more like the self-assigned Chosenites doing the destroying...
Boris is still lost to understand headline. US Dollar is surge to 100? So is $1 not is equal 100¢? USSA Banking is tricky...
Is substitute for rate hike that won't happen, da?
Back above Saddam's-misadventure-in-pricing-oil-in-Euros levels.
Valerie Jarrett must have sent out the order.
I just hope that cunt gets fucked with a tire iron, on some lonely Chicago street at 3am...and no ambulances....and dies.
...but that's just me
"Lord of the flies" world economy...just perfect........
Or is the entire rest of the world exporting deflation to America... and The Fed waving it in?
With so many foreign holders of American hard assets, who bought when the dollar was low, would she not be exporting deflation to foreign nationals and corps??? (I'm looking at you China as you become Japan 2.0)
We can see the bottom of the iceberg Captain. That's because we are already sunk !!
This is the dollar blow off top we were all waiting for before the final decent into nothingness. Enjoy the ride. It's going to be hard to enjoy this one however, mass layoffs and debt destrcution is going to be amazing. People always forget infalation rewards the debtors and punishes the people who made the loans. We can't have that. I hope you have low to no debt otherwise you are screwed. Sorry.
Exactly, which also means the blow-off low in gold and silver.
Live Gold: http://www.pmbull.com/gold-price/
Live Silver: http://www.pmbull.com/silver-price/
Watch gold and silver head-fake lower to piss off everybody that bought Metal Dealer Cyber Monday deals, before they reverse and scream higher.
Basically, the FED is going to bankrupt the whole world on the cheap and then when it's no longer profitable and they own everything, the dollar will stop being supported. You better hope you work fo the government or have your own revenue stream or you are screwed.
"Infalation"?
Is that related to Infellatio™ (aka "Inflation coming to a head")?
I'm getting deflated just thinking about it......
I think she is going to pop Ben's (bubble) cherry
This stock "market" casino is truly, utterly INSANE!
This is a pic of "her" face as she dumps on the economy...
http://finance.yahoo.com/news/yellen-says-looking-forward-day-173224980....
I could just picture the meeting: So, we are all in agreement that none of us knows what the hell is going on or how to fix it. So now, let's go to a vote for what we should do. Then I will pretend we have it under control during the announcement.
Well I haven't said this in quite a long time:
Long paper gold for a trade not looking so shabby right here. Countertrend rally could even push 1200ish. No sure thing but it's testing the bottom of a wedge and megaphone among other things.
The fed is not tightening because it can, the fed is tightening to try to hold onto a shred of credibility which it won't.
How many times have we read the word "hawkish" here in the last five or six years? Answer? Too many to count.
The last FED rate hike was in June 2006. Give me a fuckan break...
i say Yellin IS gonna give you exactly ONE fuckan (sic) break....
place yer bets
No rate hike cometh. Bankers lie. This is another lie.
has anyone drug tested this woman? she just said "stabilization in commodity prices" ... i guess when copper hits 0 and oil hits 15, there really isn't much lower u can take them ... also, maybe she is looking in "relative terms" as in they crashed, then crashed-ier, then crashed-iest ... hence, bumping along the bottom could be viewed as "stable" L O fucking L
EXACTLY!!!!!
is she gonna pass-out again? i know i would if i had to try and blather-out this much bull-shit in 1 sitting.
The crap gets deeper each time.
The USD will get much stronger (and I expect the Fed to raise rates only when that trend starts to abate),
but why should I use the fucking UDX as a measuring stick, which compares the USD mostly to the crappy EUR?? (57.6% index weight)
Good news! Since the only US export left to decline is war, looks like peace is around the corner.
The whole notion if one debased fiat paper rises against another debased fiat paper, that this should
cause gold to be priced lower in said debased fiat paper, is so ludicrous on it's face that it doesn't even merit discussion.
Further, the whole narrative that if the fed raises rates, this is somehow destructive to gold is another fraud. But hey, when you're dealing with criminals any lie will do in order to destroy any means of protecting your property.
We will have our new verld order, either by consent, or by conquest.
Flu shots on sale, get yours today. I pity you useless eaters.
Nirp exporting to Zirp.
lol.
I like it when the dollar index breaks out. Lots of trading opportunity with CFD.