write 20 words summary based on this youtube script without saying in this videoWell good morning lovely people of YouTube it’s another Blustery Day down here on Port Elizabeth beachfront and I’m going to go back to the office just now and make some updates for you and there’s a very interesting article that I’ve just come across and if you’re not A member of this channel you can join by pressing the join button and just join at seven dollars a month and you get all sorts of stuff that I clean from Paid channels all over the Internet including Reuters and Bloomberg and uh JP Morgan articles and things like that but um I’ve got this interesting article which I’m going to go through with you and just highlight some of the main points if you want to read the entire thing just click the Subscribe and join buttons below this video and we’ll talk about the uh it’s basically all about the dollar and um Where the dollar is heading over the next let’s say quarter or two quarters or four quarters and how that’s going to influence the markets including the stock markets including gold and things like other Commodities and of course the major currencies the Euro the pound Canadian dollar Swiss franc Etc and Particularly the Japanese Yen which we’ve been fighting against for quite a long time now um looking for this carry tray to unwind and pour the yen to begin to strengthen and it looks like that we’re we’re kind of in that sort of ballpark right now where the Japanese Yen might gather some Strength uh probably will in fact and this article by John orders agrees that the carry trade not only because of the carry trade potentially unwinding but because of dollar weakening as well and a bit of strength uh pre-programmed into some of the Asian currencies coming up over the next while So uh there we go we’ll have a look at that when we get back to the charts but in the meantime I’m going to enjoy the stroll along the beach and behind me is Bird Rock and back there in the distance I don’t think you can see it right now Is the old something good Roadhouse which is been here since at least the the late 70s I think maybe the 80s early 80s where I used to be able to get a hamburger for about one Rand which in today’s money is about five us cents so that’s How old I am and how long I’ve been coming down to this beach for so have a great day I’ll speak to you soon I’ll be back in the office shortly and we’ll go and have a look at some of the stuff on that article and a couple of the charts Right we made it back to the office and this is the article by John all this I’m not going to actually reveal the entire article here because I have kind of kept this for my members so I’m going to highlight it but pull out some of the Most important points and the article is called points of Return by John orders The Tide is High there comes a time when the most reliable of Trends has reached the point of exhaustion and it’s just possible that point is about to come for the US dollar but that in turn Mike egg On the steady rise in bond deals and that’s a very important point to remember and we have to keep that in mind by any sensible measure dollar stage an impressive rally over the summer all the more sewers other central banks have been seen as more likely to Raise rates in the future so we’ve seen the ECB and the bank of England both of those specifically and others talking about their potential need to continue to raise interest rate hikes despite recession creeping into France and potentially Germany and who knows maybe even the UK still talking about interest Rate hikes which is interesting but their inflation has not responded as well as it has done in the U.S so perhaps there’s a good argument for that Bloomberg’s dollar Index which includes both developed and emergency currencies is at a higher for the year and has broken above its long-term Trend that Runs against widespread expectation there’s a chart here where you I’m going to show you my chart on the dollar Index and basically we’ve broken up through the 200 moving average which is bullish in itself I suppose but it’s not always a perfect indicator people say when you Get a golden cross or when you break above the 200 period moving average it’s a definite bullish sign well it’s not really and just the same as a break below the 200 period moving average or a death cross the moving averages isn’t always bearish in fact in some cases one Or two of the stock names when you get a death Cross or a golden cross often that’s an inverse indicator over Stock’s about to do anyway and the article goes on on saying this may be sustainable for the US and helps the FED fight against inflation by making Imports cheaper in Dollar terms but it’s a problem for others on a trade-weighted basis Japanese yen is now at its weakest this Century Japan intervened to prop up the Yen almost a year ago and the currency is even softer now so remember it’s not only the US dollar that the Japanese yen Is being weighed against but also the other currencies that are its trading partners as well such as the European Zone and Australia and various other countries in that region so on a trade weighted basis the yen is actually even weaker than it looks when you compare it To solely the US dollar for example there’s quite a telling comment here and I’ll read it to you are we at the point where the bank of Japan feels compelled to intervene quite possibly masato Candor Japan’s Vice Finance Minister said Wednesday just a couple of days ago in fact yesterday if these moves Continue the government will deal with them appropriately without ruling out any options Japan Watchers describe this as a clear warning that intervention is imminent just reading a little further down therefore the risk that the Dollar’s strength provokes a response from Japan looks considerable added to this China as discussed in points of Return yesterday is also reaching a point where it could feel forced to intervene and he moves by either would likely have the consequences of pushing the dollar down and putting more pressure on U.S rates to rise further the article then goes on to talk about the beige book and various other Economic indicators and inflation and so on I’m not going to read the whole thing to you right now if you want to read the article as I said please just subscribe to this Channel and then click the join button and you’ll get access to the community Pages inside this YouTube Channel and all these articles and other videos that I do for community members there’s another really interesting part to this article and the headline to it is shouldn’t the tech party be over already and let’s read it big Tech flourished when they were low on the theory that the sector had a long Duration its earnings were well into the future so it benefited strongly for from a lower discount rate when rates surged in 2022 big Tech tanked that turned around this year as the tightening cycle came into sight and crucially artificial intelligence turbocharged new enthusiasm but that rally surely can’t last forever Google’s search data confirms that the initial surge of interest in AI following the launch of chat GPT last November has now subsided this is quite a good indicator actually the Google search volumes and anyone can go and have a look at it go and check it out Yourself just type in to the Google Search tool chat gbt or AI you’ll see that the volume of searches has dropped off considerably I did that myself and yet the rally resumes the graph below shows the ratio…
write 2100 words and add headings article based on this youtube script use 20 words in a sentence in maximum 25% of sentencesWell good morning lovely people of YouTube it’s another Blustery Day down here on Port Elizabeth beachfront and I’m going to go back to the office just now and make some updates for you and there’s a very interesting article that I’ve just come across and if you’re not A member of this channel you can join by pressing the join button and just join at seven dollars a month and you get all sorts of stuff that I clean from Paid channels all over the Internet including Reuters and Bloomberg and uh JP Morgan articles and things like that but um I’ve got this interesting article which I’m going to go through with you and just highlight some of the main points if you want to read the entire thing just click the Subscribe and join buttons below this video and we’ll talk about the uh it’s basically all about the dollar and um Where the dollar is heading over the next let’s say quarter or two quarters or four quarters and how that’s going to influence the markets including the stock markets including gold and things like other Commodities and of course the major currencies the Euro the pound Canadian dollar Swiss franc Etc and Particularly the Japanese Yen which we’ve been fighting against for quite a long time now um looking for this carry tray to unwind and pour the yen to begin to strengthen and it looks like that we’re we’re kind of in that sort of ballpark right now where the Japanese Yen might gather some Strength uh probably will in fact and this article by John orders agrees that the carry trade not only because of the carry trade potentially unwinding but because of dollar weakening as well and a bit of strength uh pre-programmed into some of the Asian currencies coming up over the next while So uh there we go we’ll have a look at that when we get back to the charts but in the meantime I’m going to enjoy the stroll along the beach and behind me is Bird Rock and back there in the distance I don’t think you can see it right now Is the old something good Roadhouse which is been here since at least the the late 70s I think maybe the 80s early 80s where I used to be able to get a hamburger for about one Rand which in today’s money is about five us cents so that’s How old I am and how long I’ve been coming down to this beach for so have a great day I’ll speak to you soon I’ll be back in the office shortly and we’ll go and have a look at some of the stuff on that article and a couple of the charts Right we made it back to the office and this is the article by John all this I’m not going to actually reveal the entire article here because I have kind of kept this for my members so I’m going to highlight it but pull out some of the Most important points and the article is called points of Return by John orders The Tide is High there comes a time when the most reliable of Trends has reached the point of exhaustion and it’s just possible that point is about to come for the US dollar but that in turn Mike egg On the steady rise in bond deals and that’s a very important point to remember and we have to keep that in mind by any sensible measure dollar stage an impressive rally over the summer all the more sewers other central banks have been seen as more likely to Raise rates in the future so we’ve seen the ECB and the bank of England both of those specifically and others talking about their potential need to continue to raise interest rate hikes despite recession creeping into France and potentially Germany and who knows maybe even the UK still talking about interest Rate hikes which is interesting but their inflation has not responded as well as it has done in the U.S so perhaps there’s a good argument for that Bloomberg’s dollar Index which includes both developed and emergency currencies is at a higher for the year and has broken above its long-term Trend that Runs against widespread expectation there’s a chart here where you I’m going to show you my chart on the dollar Index and basically we’ve broken up through the 200 moving average which is bullish in itself I suppose but it’s not always a perfect indicator people say when you Get a golden cross or when you break above the 200 period moving average it’s a definite bullish sign well it’s not really and just the same as a break below the 200 period moving average or a death cross the moving averages isn’t always bearish in fact in some cases one Or two of the stock names when you get a death Cross or a golden cross often that’s an inverse indicator over Stock’s about to do anyway and the article goes on on saying this may be sustainable for the US and helps the FED fight against inflation by making Imports cheaper in Dollar terms but it’s a problem for others on a trade-weighted basis Japanese yen is now at its weakest this Century Japan intervened to prop up the Yen almost a year ago and the currency is even softer now so remember it’s not only the US dollar that the Japanese yen Is being weighed against but also the other currencies that are its trading partners as well such as the European Zone and Australia and various other countries in that region so on a trade weighted basis the yen is actually even weaker than it looks when you compare it To solely the US dollar for example there’s quite a telling comment here and I’ll read it to you are we at the point where the bank of Japan feels compelled to intervene quite possibly masato Candor Japan’s Vice Finance Minister said Wednesday just a couple of days ago in fact yesterday if these moves Continue the government will deal with them appropriately without ruling out any options Japan Watchers describe this as a clear warning that intervention is imminent just reading a little further down therefore the risk that the Dollar’s strength provokes a response from Japan looks considerable added to this China as discussed in points of Return yesterday is also reaching a point where it could feel forced to intervene and he moves by either would likely have the consequences of pushing the dollar down and putting more pressure on U.S rates to rise further the article then goes on to talk about the beige book and various other Economic indicators and inflation and so on I’m not going to read the whole thing to you right now if you want to read the article as I said please just subscribe to this Channel and then click the join button and you’ll get access to the community Pages inside this YouTube Channel and all these articles and other videos that I do for community members there’s another really interesting part to this article and the headline to it is shouldn’t the tech party be over already and let’s read it big Tech flourished when they were low on the theory that the sector had a long Duration its earnings were well into the future so it benefited strongly for from a lower discount rate when rates surged in 2022 big Tech tanked that turned around this year as the tightening cycle came into sight and crucially artificial intelligence turbocharged new enthusiasm but that rally surely can’t last forever Google’s search data confirms that the initial surge of interest in AI following the launch of chat GPT last November has now subsided this is quite a good indicator actually the Google search volumes and anyone can go and have a look at it go and check it out Yourself just type in to the Google Search tool chat gbt or AI you’ll see that the volume of searches has dropped off considerably I did that myself and yet…