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Isaan sailor

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Everything posted by Isaan sailor

  1. Isaan sailor
    Yup—stocks up, Baht up. And visa versa.
  2. Isaan sailor
    Don’t forget, we also have fentanyl coming into the US, as a result
  3. Isaan sailor
    Tough border policy—yeah, right.
  4. Isaan sailor
    Before my time. But I’d be happy with another peg to the Dollar—about 34 or 35 sounds right.
  5. Isaan sailor
    No worries, Bank of Thailand assures us they will watch the Baht rise, and take appropriate action if necessary. They will probably reduce interest rates 1/4%. That should pump up western currencies but only a few Satang.
  6. Isaan sailor
    Good answer, and straight forward too. Thank you. Still not sure why USD tanked with Baht on Friday, yet rose on the Dong. as well as on the DXY Tradingview.
  7. Isaan sailor
    No. You got nothing better.
  8. Isaan sailor
    Thank you for this linked info. Bank of Thailand has experienced unusual inflows recently. However they won’t say where the inflows originate, I think there’s an 800 pound gorilla in the room—-Chinese investment money. Prove me wrong.
  9. Isaan sailor
    Is the Boht overpriced on USD? Look at the ten year average USD/Baht rate: 33.20. Yes, it is now overpriced. And look what USD did yesterday vs Viet Nam Dong—it bounced up—not down like in Thailand.
  10. Isaan sailor
    All kidding aside, why does the Baht have an inverse value to the USD and other western currencies? Why can’t the Baht go down when western currencies go down? I hardly think the Baht can be considered “risk on” and such a compelling value for traders.
  11. Isaan sailor
    Personally, I hope the Baht swiftly rises to parity with the USD. That way, my Thai wife and I can move to America as millionaires!
  12. Isaan sailor
    It’s crazy. US Fed cut interest rates 50 basis points—and US stocks relaxed, and the USD went up. I give up trying to understand currency traders.
  13. Isaan sailor
    Why does the Baht have an inverse pricing to most, if not all western currencies? When the western currencies go down—why can’t the Baht go down along with them?
  14. Isaan sailor
    His own family doesn’t think he’s so great.
  15. Isaan sailor
    Dems should ditch Biden, nominate RFK Jr. He could win.
  16. Isaan sailor
    Something came out of Biden’s right ear at one point. Anyway it didn’t seem to help him one way or the other…
  17. Isaan sailor
    Well said.
  18. Isaan sailor
    Jimmy Kimmel said best, Biden wanted no audience—so they chose CNN.
  19. Isaan sailor
    Strange behavior. Perhaps they never heard of or experienced Thailand. Beautiful women with a 1950’s social fabric. And much safer.
  20. Isaan sailor
    Too bad for truckers, but diesel still a bargain compared to prices in the west.
  21. Isaan sailor
    The border is open for several reasons. Corporations want cheap labor. And Democrats want higher census numbers in mega states in order to garner more federal aid. These illegal migrants also would skew the Electoral College to mega states. And of course, the end game for the DNC—a future with millions of new voters.
  22. Isaan sailor
    The US spends more defending Ukraine’s border than defending its own southern border. Processing undocumented aliens does not constitute border defense.
  23. Isaan sailor
    Would closing the southern border be considered a nightmare for Biden supporters? And while we’re on this, could anyone please explain why millions have crossed the border, and how this benefits America?
  24. Isaan sailor
    Close the border, bolster Social Security. That’s what I’d like in a candidate.
  25. Isaan sailor
    Good observations, thank you. Ironic that in living here in Thailand, we find ourselves at the mercy of currency traders based halfway round the globe. They have already priced in up to six rate reductions for next year. After all, it will be an election year, and the Fed will happily accommodate the current administration.

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