Loading ...I sure hope you are right as it appears central planners are cornered.
The hot inflation numbers this morning (CPI) were designed to counter Draghi losing his mind. Without that stick save gold would be up $30 right now minimum.
But with the bonds melting down, this illusion of an economy won’t last long.
Certainly if Powell only cuts .25 basis points next week it should get interesting as the $ continues to scream higher.
That’s not how you win a ‘currency war’, which is on like Donkey Kong now if Draghi is to be taken seriously (chuckle).
Cheers