Quote:
Originally Posted by Peter_Spaeth
Japan stock market up 6 percent. Dow futures up 700 as we speak. The sky is not falling, yet anyhow.
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Japan has been bumped to negotiate. Vietnam wants a deal, but the administration wants more of something...whatever it is...
China is close to starting a currency devaluation war and they don't seem to be willing to play this game every country in the world is being forced to play.
The market spoke clearly yesterday on a mutli-thousand point bump based on a rumor and took that bump away just as quickly as it was deemed just a rumor. It's about the tariffs, and only the tariffs. That's the symptom and solution.
People are yearning for the floor. Any good news should bounce, but who knows what level of bad can erase it, minor or major.
Anyway, a there's a lot of savings accounts giving 3.7-4% right now and it's not swayed by the whims of whatever the hell is going on with forcefully trying to reset the world economic order for the hell of it. Well, China going to a currency war could force up inflation rates and eventually give better interest rates on savings.