This is it, the point where the #BOJ cannot kick the can down the road any longer has arrived. As you know, I have written many times about the #BOJ, warning of the consequences of their unbelievably reckless actions. đźš© $JPY CARRY TRADE – THE BIGGEST FINANCIAL TICKING TIME BOMB…
Tag:#BOJ
WHAT CAN SAVE #STOCKS FROM A HISTORICAL IMPLOSION ONCE AGAIN?
It’s no mystery anymore. What matters to low-popularity politicians in charge of government and seeking reelection is a #bullish #stockmarket until after the election date. From #Japan to the #US, from the #UK to #Germany, what do all of them have in common? The government in charge is dealing with…
JAPAN END GAME – A DEEPLY DEVALUED $JPY AND A WORTHLESSÂ #NIKKEI
The #Nikkei just broke 40,000 and yet no one in #Japan is celebrating, literally speaking. Why? The purchasing power of $JPY literally fell through the floor in the past 30 years as a result of endless (and reckless) nonstop money printing. As I wrote almost 5 months ago on X:…
THE PILE OF LIES USED TO RAISE THIS #STOCKS BULL MARKET UP TO THE SKY IS NOT WITHSTANDING GRAVITYÂ ANYMORE
From $NVDA to Janet Yellen, from $AAPL to Jerome Powell, from $SMCI to Gary Gensler, from Joe Biden to the #BLS, from Rishi Sunak to $HSBC, from Christine Lagarde to #GermanRealEstate, from the #BOJ to $GOOG and on and on. What do all those I mentioned have in common? They…
THE GREAT PARADOX – BECAUSE OF DECADES OF RECKLESS QE, CENTRAL BANKS SHOULD HIKE RATES TO SAVE THE *REAL* ECONOMY NOT THE OPPOSITE
How many people have you read about or heard from lately who told you things like “hey, I am taking my savings and investing in this restaurant” or “I am so good at my job I quit and set up my own shop”? I bet very few. Indeed, new business…
WHY IS THE FED PREPARING TO BAIL OUT A JAPANESE BANK? BECAUSE OF THE “NORINCHUKIN” DANGER
First of all, who the hell is the latest counterpart added to the #FED Standing Repo Facility: “Norinchukin Bank”? “Officially,” it is a Cooperative Bank owned by Japanese agricultural, fishery, forestry cooperatives in #Japan. Yes, that’s right, an “agricultural” bank from Japan got a seat at the #FED big boys…
YES – THEY ARE IN COMPLETE PANIC
One month ago, I wrote about the “PANIC BEHIND CLOSED DOOR” (TwitterX), and at that time, I literally said: “Imagine what would happen to Joe Biden’s approval rating if the #stocks bubble he inflated to the stratosphere implodes right now. With Jerome out of the game, Joe needed his Janet…
THE RISK OF A $VIX TURKEY BURSTING OUT FROM THE (SOFTBANK) OVEN
Something happened yesterday that has been broadly ignored: the Bank Of Japan printed ~10bn $USD equivalent in $JPY and delivered an adrenaline shot of liquidity to the market. Hold on a second, why the need to inject liquidity through the back door without any apparent need? The answer is straightforward:…
WARNING: SOMETHING BROKE!
Yesterday, we were discussing the signs of “Panic behind closed doors” (TwitterX), today we have 100% certainty that something big enough to justify extreme actions from the US Government and US Regulatory Agencies broke somewhere. How else we can justify the SEC is still holding back the “Fails To Deliver…
PANIC BEHIND CLOSED DOORS
So, as I wrote 24h ago, it was clear to anyone paying attention that the Bank Of Japan put itself in a very dangerous spot (TwitterX). Back in 1992, when the Bank Of England was in danger, the Bundesbank cut rates 25bp even if it didn’t make any sense for…