Nikkei ended down to a 2 1/2 month low, while the yen rose. It`s very mixed in Asia. Some red and some green numbers, but in Europe it is different. They are all down and they are very red on emerging market worries. Gold is up +0,52%, trading at $1248,60.
This is how it will be now I think. Up and down. A volatile market. Right after the FOMC statement, we saw the market went down, but there was no panic. The volume was low and the U.S market went up yesterday. Today, It seems like the U.S market will start in a red territory.
It is the last day of January today, and it is headed for the worst january in Europe since 2010. What I will focus more about now is inflation, stagflation and deflation. Printing a lot of money should lead to growth and inflation.
But so far, we see a slow growth, low inflation and worries about deflation. There are two camps out there. One that expect inflation (some predict hyperinflation) and one camp that expect deflation. Who are you gonna listen to?
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