Home > Jan 2018 > Jan 8, 2018 Rain is coming to California, YAY! Also USD is finally pushing up

Jan 8, 2018 Rain is coming to California, YAY! Also USD is finally pushing up

January 8th, 2018

Well Futures are higher yet again. But finally we are seeing the Shanghai Futures having copper pulling back and the USD is stronger against most pairs except for the Kiwi. Cypto Bitcoin has is sitting around 15.000. China regulators put more restrictions on Entrusted loans trying to put some controls in, yet many have moved away from entrusted loans so it won’t do much good. All this as the Systemic Risk Designation Improvement Act of 2017 moves towards the Senate as it passes the house. The Fed loans at close to 0% to the major banks that have been loaning to high income speculators like crazy, yet the Government feels even more risk should go into place, ouch. Futures are up .10%…I am going to go play in the rain, we so needed it. Three Fed Heads will be speaking…this is about it for the econ calendar today.

Jan 2018

  • Trading_Nymph
  • Trading_Nymph

    Random thought, Japan’s Debt to GDP is sitting around 244% for 2016. Only twice in the history of the world (1815 and 1945 europe) has a developed country didn’t go into bankruptcy with a rate over 250% which Japan could be posting with all of the QQE. They are making big bets that Cypto will be giving them a boost in GDP…if Cypto collapses…will that be the thing that will finally make Kyle Bass Happy and we see Japan collapse?

  • panther341
  • panther341

    meeting with the realtor I wanted to hire today. Hired. Also ended up interviewing a contractor. Expect to have bids within a day or so. 2 more buys coming tomorrow – floor and a foundation guy mostly to say there is nothing wrong with the foundation. We hope there is nothing wrong with the foundation. Floor guy – need to replace carpet in 2 rooms.

    My goal is to have house on the market in early April. Have plumber coming Thursday. This is going to be a full time job!

  • panther341

    o – and about that BEST WEEK EVER in bitcoin last week. LOL

  • Trading_Nymph

    riofl

  • Trading_Nymph

    fwiw, lot of people are shying away from carpet. Might want to save money and agree to put in buyers choice of flooring as part of the close?

  • Trading_Nymph

    I thought they stopped making CROCs, lol.

  • panther341

    plastic shoes are hot apparently. I have none, out of touch. LOL

  • panther341

    carpet will probly be a remnant as area isn’t that big. realtor is thinking cost under 1,000. I agree on carpet. WHole house – it is the only 2 rooms where cats throw up – unless they throw up on my bed of course.