It’s Too Late, And The Fed Is In Panic Mode…

June 14, 2018

* Currencies rally on U.S. rate hike…

* All three anti-dollar assets rally!

Good Day… And a Tub Thumpin’ Thursday to you! WOW! It’s Flag Day! So, Happy Flag Day to one and all! Well, for the first time in over a week, I had a good night’s sleep! And woke up ready to fight a bear! Or at least dollar bugs! I watched another night of weak at-bats by my beloved Cardinals last night… They just have no consistency whatsoever, and I blame the manager for that. I’m just saying… The Cornelius Brothers & Sister Rose greet me this morning with their song: It’s Too Late To Turn Back Now…

That’s funny, because I think that’s what the Fed Heads are saying to each other about now… It’s too late too turn back now, with their rate hikes that is… Yeah, they sure sounded quite hawkish yesterday, and mentioned that their going to pick up the pace of rate hikes because in their words, “the economy is strong”… But I’m of the opinion that the Fed is hiking rates to fill their quiver with..

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