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  • FOMC Day Today!

    In This Issue..

    * Markets in 'lock-down' mode...
    * Aussie Consumer inflation rises...
    * Brazilian Central Bank meets today...
    * David Galland and Bill Bonner together!

    Good day... And a Wonderful Wednesday to you! We're back to the frigid temps here in St. Louis, but, Shoot Rudy, IT IS January! So, I'm going to warm you up today with a collection of thoughts, not only mine, but a couple of my fave writers... David Galland, and Bill Bonner! WOW! A Dynamic Duo of writers if there ever was one! So... Let's get to the goings on in the currencies and then hit the collection of thoughts!

    When I signed off yesterday, the dollar was swinging the hammer, and all the non-dollar currencies, except Japanese yen, were getting nailed... That hammer swinging ended in the morning session here in the U.S., and the currencies did rebound a bit VS the dollar as I headed out the door for home... Overnight, we've seen no movement at all... Nothing, nada, zero, zilch, a great big goose egg, for currency movement......
  • Catching Up With Richard Duncan...

    In This Issue..

    * Non-dollar currencies give back very little...
    * The Unemployed are remaining unemployed...
    * FOMC puts away the board games today...
    * China invokes a 'Public Morals' defense...

    Good day... And a Wonderful Wednesday to you! Well, the Fed Head put away the board games today, and make an announcement this afternoon... Yawn... Norway's Norges Bank will also make an announcement with theirs coming this morning. I still contend that the Norges Bank will keep rates unchanged and give a hint as to when their rate hike cycle will begin. If that were to happen as I think, then it would be very bullish for the krone......