honest opinion....hard to know what to make of this central bank intervention mess
read the Hilsenrath props from after the close friday and thought this was the best analysis in the fewest words...obviously, if the FED were seriously considering tapering the QE then that implies higher US Treasury bond yields which means higher usd/jpy
"The Fed ventriloquists who speak through Hilsenrath at The Wall Street Journal suggest they would accomplish their exit from the current $85billion-a-month QE policy in a set of “halting steps” by irregularly dialing down QE issuance month-by-month to fine-tune the results on-the-fly, as markets may require.
This is also complete horseshit because they could only accomplish controlled tweakings by somehow signaling their intentions beforehand through some lackey like Hilsenrath. Otherwise, they could not pretend to control the results of their actions."
{quote} honest opinion....hard to know what to make of this central bank intervention mess read the Hilsenrath props from after the close friday and thought this was the best analysis in the fewest words...obviously, if the FED were seriously considering tapering the QE then that implies higher US Treasury bond yields which means higher usd/jpy "The Fed ventriloquists who speak through Hilsenrath at The Wall Street Journal suggest they would accomplish their exit from the current $85billion-a-month QE policy in a set of “halting steps”...
Ignored
.. Thanks yr insight Rob.. Hope u good all well here.. new hip going good.. cant sit for long thou.. but getting longer
{quote} .. Thanks yr insight Rob.. Hope u good all well here.. new hip going good.. cant sit for long thou.. but getting longer
Ignored
i think the central banks are taking this to a whole new realm of fakery and deception and bullshit, but whatever it is .....the trade is what matters...my 2 cents
good news on the health front..........glad to hear it
like Cube's call on sugar too.......was in earlier this year for a nice ride on that
