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Kerry Lutz's--Financial Survival Network


May 20, 2015

Fed minutes today!

 

-have to be more dovish, as Yellen Reversal approaches

                -commodities crashing anew (base metals down 10% in last two days)

                                -CRB index approaching March 2015 (and late 2008) lows, even with oil up $16!

                -oil falling

                -dollar surging (commodities plunging)

                -ECB essentially increased QE yesterday, and PBOC started theirs

                -horrible economic data, starting with 1Q GDP and now 2Q looking horrible (and way above "consensus")

                -need to give "guidance" for June meeting, with all these horrible factors occurring

                                -not to mention, the continued "tectonic market shifts" - as rates continue to rise, and it appears, as I suggested, to be due to Chinese Treasury selling (very ominous)

 

-Grexit potentially by early June, as extention (and cash) run out