RE: The Meltdown In Cryptocurrency's May Be A Warning For Stocks. By Gregory Mannarino

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The Meltdown In Cryptocurrency's May Be A Warning For Stocks. By Gregory Mannarino

in money •  7 years ago 

Hi Greg! You forgot about Junk bonds that are not going higher. I also think that deleveraging is happening. That dollar is getting killed because of many reasons :

  1. Trump tax plan with more deficit to be monetized
  2. China and Japan slowing treasury purchase
  3. Corporation bringing cash home, selling US treasurys held overseas and buying equities.
  4. Fed rate hikes are subdued by other CBs rate hikes or forward guidance. The ECB in particular with euro gaining a lot.
money
7 years ago by

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