Ua hāʻule nā ​​kumukūʻai kila ma lalo o ka haʻahaʻa loa o ka makahiki, a ʻaʻole i loli ke ʻano i lalo

I ʻOkakopa, ua hoʻomau ka hāʻule ʻana o nā kumukūʻai kila, a ua hoʻomau ka emi ʻana i ka hopena o ka mahina i ka wikiwiki. I nā lā kālepa ʻelua i hala iho nei, ua hāʻule nui ke kumukūʻai o nā rebar futures, a ua hāʻule ke kumukūʻai kiko o nā futures ma lalo o ka haʻahaʻa loa o ka makahiki.
Ua piʻi hou ka pā ma Nowemapa 1, akā ʻaʻole kēia manaʻo e hoʻomaka ana ka mākeke i kahi hoʻohuli. Mai ka manaʻo o kēia manawa, ʻaʻole i loli ke ʻano o lalo o nā kumukūʻai kila ma lalo o ka mana o ka piʻi ʻana o ka uku paneʻe o ka Fed, ke kūlana ahulau a me nā ʻaelike mea maka.
1. Kiʻekiʻe ka loaʻa kālā o nā mea maka, a aia nō kahi lumi no ka hemahema
I kēia mau lā iho nei, ʻo ka emi mau ʻana o ke kumukūʻai kila ua alakaʻi i ka emi nui ʻana o ka loaʻa kālā o nā hale wili kila, a ua nui ka pohō o kekahi mau ʻano like ʻole.
(No ka ʻike hou aku e pili ana i ka hopena o nā huahana kila kikoʻī, e like mePou Pā Paʻa 45 Degree, hiki iā ʻoe ke ʻoluʻolu e hoʻokaʻaʻike mai iā mākou)
ʻO ka emi ʻana o ka loaʻa kālā o ka hale wili kila, me ka emi ʻana o ke kumukūʻai kila, ʻaʻole ia he mea pili i ke kiʻekiʻe o nā kumukūʻai maka. Mai ka hoʻomaka ʻana o kēia makahiki, ua loli nui ka mākeke waiwai nui o ka honua, a ua piʻi koke ke kumukūʻai o nā mea maka nui e hana ana i ke kila e like me ke kola coking, coke, hao hao, a me ke kila ʻōpala, e hopena ana i ka piʻi nui ʻana o ke kumukūʻai o ka hana kila. ʻOiai ua emi iho ke kumukūʻai kūʻai o ka hao hao i lawe ʻia mai i kēlā me kēia makahiki, ʻoi aku ke kiʻekiʻe ma mua o ka manawa like ma 2019 a me 2020.
Me ka emi nui ʻana o ka loaʻa kālā a me nā pohō o nā hale wili kila, e hoʻokumu kēia i kahi manaʻo maikaʻi ʻole i nā kumukūʻai o nā mea maka e like me ke kola coking a me ka hao hao me ka loaʻa kālā kiʻekiʻe; a ʻoi aku ke kiʻekiʻe o ke kumukūʻai hao hao kūloko i kēia manawa ma mua o ke kumukūʻai o ka honua, no laila e maikaʻi ʻole ke kumukūʻai hao hao ma ke kahua hope. , loaʻa i nā kumukūʻai kola coking a me nā kumukūʻai wahie maka ʻē aʻe kahi lumi no ka emi hou ʻana. ʻO ka emi ʻana o ke kumukūʻai wahie maka e hoʻonāwaliwali pū i ke kākoʻo no nā kumukūʻai kila.
(Inā makemake ʻoe e ʻike hou aʻe e pili ana i nā nūhou ʻoihana maNā Pou Pā Paʻa Kila Galvanized, hiki iā ʻoe ke hoʻokaʻaʻike mai iā mākou i kēlā me kēia manawa)
2. Ke kokoke mai nei ka piʻi ʻana o ka uku Fed, ua haʻahaʻa ka hilinaʻi o ka mākeke
I kēia Pōʻahā, e hoʻokipa ka Federal Reserve i ka piʻi ʻana o ka uku paneʻe ʻeono, a ke manaʻo nei ka mākeke i kahi kiʻekiʻe o ka hiki ke hoʻokiʻekiʻe i nā uku paneʻe ma 75 mau kumu kumu, a aia paha he piʻi nui aʻe o ka uku paneʻe i ka makahiki. ʻO ka piʻi nui ʻana o nā uku paneʻe e ka Federal Reserve e loaʻa ka hopena maikaʻi ʻole i nā kumukūʻai waiwai, nā uku hoʻololi, ka mākeke kūʻai a me nā waiwai paʻa, kahi e alakaʻi ai i ka hilinaʻi haʻahaʻa o ka mākeke a hoʻonui i ke kaomi i lalo ma ka disk.
(Inā makemake ʻoe e loaʻa ke kumukūʻai o nā huahana kila kikoʻī, e like meNā Pou Pā Paʻa o Gal, hiki iā ʻoe ke hoʻokaʻaʻike mai iā mākou no ka ʻōlelo i kēlā me kēia manawa)
I kēia manawa, ua hāʻule ka disk i kahi haʻahaʻa hou i loko o 2 mau makahiki, a ua haʻahaʻa ka hilinaʻi o ka mākeke. He pōkole nā ​​​​kālā e loaʻa ai ka loaʻa kālā a hoʻopau i nā kūlana, e hopena ana i ka hoʻomālamalama ʻana o nā kūlana. I ka pae hope, ʻaʻole i kāpae ʻia e hoʻomau paha ke kapikala e pepehi e like me nā kūlana. Akā ma ka ʻaoʻao ʻē aʻe, ʻaʻole loa e hāʻule ka mākeke i lalo i ka makahiki 2015.