I’m new. Can you or someone explain the logic or direct me somewhere... what exactly is the MMRI and what are it’s components? Before I jump on the bandwagon, I’d like to know how it works. Thank you!
The MMRI takes the value of the ten year yield (what the FED uses to purchase debt into the economy) and the $DXY (the value of the dollar compared to other currency's). When both rise fast, this means that there is more risk in the market. If both fall fast, this means risk is leaving the market. A high MMRI number means that there is most likely going to be a massive correction in the near future....because it means the dollar is becoming more valuable, yet the FED is printing too much money into the economy, which causes the financial markets to become extremely volatile...it also means that the FED is less likely to keep the market propped up.
Yes, the MMRI does work, but many people don't understand how it works. They think the MMRI controls the stock market day by day...it's more complicated, like i partially explained above. It has to do with GDP, M2 Money Flow, QE etc (you can find this on FRED)...and taking into an account of everything else that is happening in the world, on a macro level.
The MMRI right now is telling us that the FED is going to keep propping up the markets for the forseable future...even though the market is struggling, it has not crashed yet.
I know, and he does too. The FED is not a government organization, but they buy (T-Bills) that are sold by the government (congress) whenever they pass a bill. Congress cannot control the FED because of this, and this is why not a single representative has called the FED out for destroying the economy with their monetary policies. This is why Greg always says, "the FED is the government".
The moronic variant is really showing how retarded the market is.
Be careful.. people will hate you for saying RETARDED.
XD
yeah! scarient in cali! money for all..........
Scarient! That is BRILLIANT.
BS
I’m no longer a lion. Greg you will only refer to me now as RETARD! I’m a faithful RETARD!😂
LoL. Same here. LoL
Another trump-voter conducts and "American-Style" school shooting. America is going STRAIGHT TO HELL!
Michigan high school shooting leaves three students dead (a fourth one just died).
https://www.foxnews.com/us/oxford-high-school-michigan-school-shooting-suspect-custody
😖
Crude/ dollar still think it’s Black Friday!
They might as well name the next variant the "refa" variant. An anagram for fear. No one will even notice, except people like us.
Good one! They skipped two Greek letters to get to Omicron. https://youtu.be/hiOfNHRo9-s
I bet you thought your reply to my comment was clever. Thanks for pointing out your intelligence.
DOW has taken out 200 DMA for the first time in 2021
HYG and JNK are getting mauled.. horror the horror
TYX falling like a rock. Ohh yess
I’m new. Can you or someone explain the logic or direct me somewhere... what exactly is the MMRI and what are it’s components? Before I jump on the bandwagon, I’d like to know how it works. Thank you!
The MMRI takes the value of the ten year yield (what the FED uses to purchase debt into the economy) and the $DXY (the value of the dollar compared to other currency's). When both rise fast, this means that there is more risk in the market. If both fall fast, this means risk is leaving the market. A high MMRI number means that there is most likely going to be a massive correction in the near future....because it means the dollar is becoming more valuable, yet the FED is printing too much money into the economy, which causes the financial markets to become extremely volatile...it also means that the FED is less likely to keep the market propped up.
Yes, the MMRI does work, but many people don't understand how it works. They think the MMRI controls the stock market day by day...it's more complicated, like i partially explained above. It has to do with GDP, M2 Money Flow, QE etc (you can find this on FRED)...and taking into an account of everything else that is happening in the world, on a macro level.
The MMRI right now is telling us that the FED is going to keep propping up the markets for the forseable future...even though the market is struggling, it has not crashed yet.
Thank you! I assume Greg et al knows the Fed is privately owned...not a government entity.
I know, and he does too. The FED is not a government organization, but they buy (T-Bills) that are sold by the government (congress) whenever they pass a bill. Congress cannot control the FED because of this, and this is why not a single representative has called the FED out for destroying the economy with their monetary policies. This is why Greg always says, "the FED is the government".
LOL
So good to stay in King dollar. Need to see how low every other asset bows to the King.
Except gold and silver. I will buy those at zero. Who knows they can go negative like oil did a few months ago ?
The stock screener doesn't have many buy recons... so do we just stick with averaging into the banks?
yeah! scarient in cali! money for all..........
time to move to moon lol
Do dress like a clown too?