With inflation risk speculation at highs and default debate going. Might be a good time to buy a producer of commodities. Steel coil/iron ore future at highs. Could be a good outlook for Q4 Earnings for SID, as they own high grade Iron ore deposits in Brazil. Brazil central bank meeting on 26th, might have an affect on the countries currency, which could entail a...
I believe that interest rates will go and surpass 3.5% by 2019. At that point it'll rise a little more then either one, skyrocket, or two they will try to lower rates to neutral again, then it will skyrocket. I believe my generation will experience stagflation.
MACD says to short, Stoch RSI shows bullish hidden divergence but bear regular divergence. Possible h&s and definate rising wedge. Definitely a make or break moment for bitcoin. May pump to 7150 or test 7300 but not likely. Sentiment with the market seems bearish.
