Yes, quantitative easing is what just happened under everyone’s nose. The #JPY interventions of this past week effectively injected about 100 billion #USD into the global financial system that previously was not circulating. Why? Because #Japan MOF selling reserves to fetch #USD that can then be sold in the market…
Tag:#FOMC
AFTER LOSING THEIR GRIP ON GOLD, ARE THE FED AND THE US GOVERNMENT ABOUT TO LOSE THEIR GRIP ON OIL PRICES TOO?
Was anyone surprised to see #FED chairman Jerome Burns walking on stage today and saying out loud all those buzzwords that for a while have been pretty effective in feeding investors’ euphoria? I wasn’t, after all, it was already pretty clear after the last #FOMC that the real fed mandate…
THE NEW #FOMC MANDATE IS NOW OFFICIAL: SAVE THE #STOCKS BUBBLE AT ALL COSTS!
Let’s give a round of applause to Jerome Burns (aka Jerome Powell) for his incredible confidence in saying things like “#inflation is showing some seasonality that doesn’t change its downward trend”. First of all, can someone remind him that what he has been commenting on in the last 6 years…
ARE WE GOING TO SEE THE #FED FIREFIGHTING A #BOJ HIKE THIS WEEK?
This week we are going to have such a parade of central bank decisions on the menu: #RBA, #BOJ, #FOMC, #BOE, and #SNB 😵💫 All eyes will surely be on the #BOJ and the #FOMC. I do expect they will play “good cop bad cop” with market emotions. 🤭 The…
IS $NYCB THE CANARY IN THE $UBS COAL MINE?
Sorry, folks, but after our beloved Jerome Burns’s performance at the last #FOMC, 2 things are clear: 🚩 The #FED knows they’ve screwed up the fight against #inflation and it’s going to flare back up to a point where (political) adjustment won’t be able to hide what’s obvious in the…
DEAR JEROME BURNS, TODAY YOU MUST TELL THE WORLD WHAT COMES AFTER THE #BTFP…
During the last session, investors piled into financial #stocks with $XLF up 1.26%, and several major banks had a good green day ahead of the next #FOMC. Since October, $XLF is up 24% despite banks’ books starting to have more holes than Emmental cheese 🧀 (and some even starting to…