Thursday, April 07, 2016

Economic Jenga.


I was wondering how long it would be  before the market woke up to the horrid global growth. I was going to blog this two days ago but got busy. Producer prices were down 4.2% YOY in the eurozone.  This does not bode well for earnings season which starts next week. eeek!

I thought the dollar might keep getting weaker until I heard about the Euro zone. Now I'm not sure what it's going to do. It's a good thing the US is an island (said in the most sarcastic way). The world is becoming awash in deflation.

On other news - it is becoming super easy to find an interest rate at 3.71 or 3..72%. Before the last week, it was a bit of luck.

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