
POINT: 2026 is the year of US midterm elections. Some how TRUMP will have to make the voters happy!
Chart 1 - High US mortgage interest rates are hurting housing and the very important consumer.

Chart 2 - Due to the US debt levels, the US can not afford to allow consumer sentiment to slump on the back of private property wealth destruction. Central planners to the rescue with QE5 or is it QE6 (hard to keep up)?. QE is when the red line below crosses below zero and then back up above zero.

Chart 3 - The current QE action may see the US Dollar (DXY) slump (as expect by the red short term cycle).

To conclude: Asset prices are heading higher unless inflation reaches crazy levels (CPI > 6%).
Time for a funny!
Original Post: https://ift.tt/T1baAEs
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