that the Fed is responding to the newly released manufactured unemployment and other data to run the table.
Using their pawns, certain of the largest commercial banks, they are running the USD up substantially, shorting gold down below 1200 and silver down below 17, oil below 90,and the market up.
I was reading yesterday that the Singapore dollar is on a cliff. If the Fed raises interest rates, which seems certain, although the timing in unknown at this time, the RE market in Singapore will probably collapse along with their economy and markets. Seems the mortgages on RE there only charge about 1% interest and most are on adjustable rates. So if rates go to 2%, still quite low, payments would double which will probably burst the RE bubble and more.
Where/what are the other dominos?
How long can the Fed control the currency, commodity, debt, and securities markets?
How to protect?

