A Fierce Sun Will Rise Come Monday

For westerners, the week hasn’t even started. But news from the orient already has participants buzzing. Several sources are reporting the Chinese have cut their reserve ratio. These actions prove they give zero shits about the rapid advance of their stocked market because the growth isn’t fast enough.

It’s difficult to say what the ramifications of these actions will be. However, I laid the groundwork in this week’s strategy session that will allow me to filter out the noise and focus on a few distinct puzzle pieces as a tell.

Moreover, these actions tell a story about what needs to be done in the United States. We need more QE. Our economic superiority depends on it. At the least, this action should give participants in the ‘liftoff’ camp a major reason to reconsider timeline.