 Our man Teddy kegs that every Wednesday folks we talked to Teddy at forty past the hour. You can read Teddy's outstanding Tiger Forex report folks every Monday he puts out a new issue he puts out updates throughout the week when warranted you can check it out under the newsletter tab on the front page of TFNN. It's ninety seven dollars a month folks and you get it for thirty days risk free with a money back guarantee and right now folks you're seeing it we're talking about yields we're talking about the dollar right it's driving so much of this action going on Teddy kegs that good morning good morning Tommy boy it seems like we always got an eventful market when we bring you on on Wednesdays Teddy but it seems like that's par for the course these days where do you want to begin you want to talk a little bit maybe just about what we got yesterday with the move uh... pretty interesting i'm not sure if you listen to the program that we got dollar higher right we got some yield moves in the yield kind of pulls back what do you think of the action right now with maybe the dollar the yields are just the general consensus of what we saw yesterday uh... some huge action following the the chairman's uh... speech and he does it again today sure well i think that yesterday you mean if if you before he started speaking it was an opposite situation the dollar was under pressure you know and yields were uh... i'm coupling back and stuff like that and it looked like it was going to be a different type of day obviously once he started speaking you know i think the biggest thing is that you know if you look at what how the narrative is changing it all just over the past couple of weeks you know uh... the consensus was all about the fed be stopping its hawkish system becoming even possibly dovish at the end of the year you know now they've been proven a totally wrong and that the direction which they've been talking about for months and now they've gone flip side to you know is breaking news breaking news pow things we have too much inflation rates are going to go to the moon now you know i mean i saw projections yesterday that they're looking at all they went from saying no more uh... rate hikes you know to contain that you know what there's gonna be excessive rate hikes you know i was looking at the forecast now they're looking at every meeting to be a half a point to three quarters of a point going throughout the rest of the year i mean i started laughing when i saw that okay i mean that's it talking about a pendulum shift it's so would nonsensical you know my eyes linked a few times when you said that teddy i stuttered right you know so i think that you have a lot of overkill that went on yesterday especially with that kind of stuff you know today i think you're going to see a little bit more of a calm trade until paul speaks again but he's already said what he's he's not gonna say anything different you know it's just gonna be a repeat you know yeah so i mean it's the event for sure yeah so and yields put in a nice high you know back on friday they had a big surge of pulled back you know and you had followed through today i mean look at today the bonds are up to ten years up you know so i mean our our rates going higher absolutely you know but there's this is a profit-taking move right now i would use caution just saying you know that they're gonna see yields raise go up very very quickly you know wait until they pull the trigger you know i mean we know now that the target point for sure is going to be much higher than originally expected just a couple of months ago you know the market will adjust to that you know so but i i wouldn't get too overly you know caught up in it actually today especially nice and it is pretty remarkable man when you look at where we are just in equities and you did a great job just talking about i mean pretty wilds how recently this market was talking about the idea that we would be cutting uh... it's a you get laughed out of the the store right now if you talked about that conversation in meanwhile i mean the markets have some volatility man but since the market has figured out that aspect of things which are the pretty well man i mean even this year we're talking about a range from thirty eight fifty to forty one fifty and we're right in the middle of that range right now and meanwhile we got yields you just talked about fifty seventy five my goodness the market uh... that ever comes to fruition watch out folks four thousand on the s&p is not even close if we start getting fifty and seventy five i don't think that's going to happen right now but who knows where the data goes right teddy it's like right in the data to fight we got a number on friday that blows things away and we got a hot cpi again or something everything's on the table so it's pretty wild and i think you hit the nail on the head there tommy i think that's exactly what's going to happen with these numbers you know they're becoming more and more important this is like the old days which were like when the interest rates start to swing because of these numbers odds are unemployment is going to be relatively low there shouldn't be a big shocker in that number you know so that means more hawkishness with the fed cpi and ppi even if they're not as bad as i expected if they come out even better they're still not going to be good numbers relatively speaking you know so and i think that that's something we all have to really keep in our main focus as far as driving through the markets over the next couple of weeks especially i think one of the things i deal with myself right is this this uh... it's like a human tendency man to think that we've never dealt with inflation so of course it's going to abate you know and i i'm trying to train my own brain you know to say hold on a second like we just had you know zero percent interest rate forever basically and you know right ballpark and everything exaggerating everything and we got generational inflation who says that doesn't go away in a year man and all of the numbers we talk about um... i'm not sure if you heard the call we got hosay from lake is right you know it's like you know ones out there looking for a job that can't get one right now it's like the wage numbers in the adp seven and fourteen percent i just feel like we got a long way to go potentially and we get to find out every month with the data but boy i see a big risk that this thing is a battle um... my dad's been on there talking about dramatically higher rates and you just better be planning for the possibility folks because it's very hard to imagine that this thing just uh... drops to two percent and we're seeing house how much of a struggle uh... not supposed to get sticky at these levels right teddy and boy we're getting sticky if not he actually going up which is remarkable right uh... where else do you want to jump to on currencies can uh... teddy where do you want to go uh... well we've had some nice moves a dollar obviously had a nice spike high yesterday today i think you've got you gotta watch out for it especially with the yields going lower than i think you're probably gonna see a little profit taking in the dollar versus most currencies you know the n i think is really picking into a resistance where it's at the pound actually made a really nice new low yesterday i think you can see some follow-through with that over the next couple of days the euro the euro is trying to hold up i think that one's going to probably be to have the one that's going to have the least likely to hood of having a really good move you know the pound they think is where you're going to see the volatility that the u.s. dollar yen i like it to the long side but i would be very tight with my stops you know because i think that you're you're coming to where you can have a big sharp pull back there and for those listeners that haven't heard you talk about it before teddy see put out the tiger forex report every monday and i know that subscribers i'm pulling up right now they also gain access to a live webinar you did i'm talking about forex strategies and fundamentals i'll pull it up here so they can take a quick peek about a 60 minute webinar that subscribers gain access to if they check out the tiger forex report can you just tell the listeners teddy what you talk about in that webinar and it's what is behind the tiger forex report kind of how you talk about how you put together uh... your newsletter on a weekly basis sure sure well the bit i started off the webinars putting the main components of the variables that are impact currency pricing so we look at yields right off the bat you know we look at the dollar index which gives you a broad basis of how the the major basket of currencies is trading and then we look at that relationship with how it either is in tandem with certain currencies as far as trend or if you have divergence you know and then we look at the yield curves of the bonds you know in the ten year versus other countries we compare the central bank action what they're doing which right now we're in central bank wars it's a very great time to be looking at yields because you know that there's going to be lots of action you know it's not like where anyone sit in their scratch in their head being like gee when's the next time the Fed or the ECB or something is going to make a move well we know pretty much it's on every single meeting you know so we get we get we delve into that and then use that like for instance how that'll drive certain currencies like the euro and the pound you know and then we also integrate oil as well because oil is also affected by interest rates and also the price of the dollar like why is oil retracing right now higher rates more expensive cost of carryover more expensive dollar oil is traded in dollars it's more expensive for oil so you're probably seeing right now a lag in purchasing because of that and that's helping to hold the prices down so things like that is how we look at it folks please check it out in the front page newsletter tiger forks report teddy we appreciate it man we'll talk to you next week sounds good to me thank you