This page has been archived and commenting is disabled.
Dollar & Bond Yields Are Plunging
US equity markets are quietly doing what they do - go up and stay up. But in the biggest markets in the world - US Treasury, Japanese bonds, and foreign exchange - something turmoily is happening. Yields are cratering today.. The USDollar is getting hammered on the back of JPY gapping dramatically stronger and EUR surging.
USDJPY is perhaps the most notable...
As WSJ reports,
Some Bank of Japan officials have grown more concerned about the drawbacks of a weak yen, making them increasingly cautious about the central bank undertaking additional quantitative easing, according to people familiar with their thinking.
hese officials are worried that a further sharp decline in the currency could hurt Japan’s fragile economic recovery by damping consumer spending, which accounts for around 60% of gross domestic product, the people said.
This week, BOJ policy board member Yoshihisa Morimoto said the additional easing introduced in October has had an “impact on households’ purchasing power somewhat.” The yen has fallen to ¥119.75 against the dollar, from around ¥109.20 at the time the further stimulus was announced. Mr. Morimoto was one of four board members who voted against taking further action in October. The vote was 5-4.
Worried that a weaker yen could frustrate households, particularly ahead of local elections in April, the Japanese government has started signaling that it doesn’t want the BOJ to rush to achieve its inflation goal.
“If they rigidly stick to the ’two year’ time frame and take additional easing measures in the hope of reaching the target, that could have an impact on foreign-exchange rates,” a person familiar with the government’s view told The Wall Street Journal recently. “If the yen falls to ¥130, ¥140 that would be considerably away from its PPP exchange rate.”
* * *
EUR is surging... (Ukraine "deal"? come on!! Europe? - more like massive overcrowded trade being unwound and SNB help)
* * *
Treasury yields are collapsing (rate locks being lifted and shitty retail sales data - to go with shitty macro data all year)
* * *
* * *
Stocks don't care...
* * *
»
- 9547 reads
- Printer-friendly version
- Send to friend
- advertisements -
The USD is the last currency to have faith. Die you piece of shit die.
but Larry kudlow says the dollar is King!!!
It is, It has to die for all PM bulls to be vindicated. Even then the results will be sketchy. This is the great unknown if/when King Dollar takes a dirt nap.
Dollar is not King, but it's still the cleanest dirty shirt so that's where everyone is investing until the reset.
yeah, like "hey, your drawes are shitier than mine!"
thats winning alright...
Everything is relative, right? when someone finally takes their dirty drawers to the laundry, then everyone else can look at them with envy.
yeah, it all relative...
grab urself a inflation calculator...
then tell me what a $1 fucking Federal Reserve Note buys u today versus 1914!
Same happens with any fiat. What does that have to do with the price of tea in China? Govts need inflation to continue paying the debt they've accumulated from years of overspending. The problem now which they didn't anticipate is global deflation, that's what's breaking their socialist money printing ponzi scam.
"Same happens with any fiat."
yeah, and that is why i SAVE IN THE ONLY 2 FORMS OF REAL MONEY.
Good. The problem is the same socialist system which is going bankrupt, will want a piece of that in order to keep themselves going.
aint never gonna happen...
cheers.
While the system remains in power, they will never let you spend it without getting a large piece of it. Cash is going to become obsolete after the reset and global taxation will follow you around wherever you go.
it's not even a cleaner dirty shirt. it just has big guns at the world's head right now. and these guns are held by the most duplicitous and immoral devils to ever walk the earth.
watching too much CNBC ball banger?
Projecting? My little vicious squid.
the4 sheep here will keep this dollar propped up for much longer than any of us can predict....don't underestimte ignorance, greed and th sheep lifestyle
People keep peddling the same godamn can everyday. Lol why can't everyone just pull out.
With the sheep and FED together, the dollar is almost unstoppable .....here's what we have to look forward to whe the dollar finally does collapse.....
American Blackout (MUST WATCH)
https://www.youtube.com/watch?v=FYoXxVnTePA
$hit currency
And yet in spite of the USD drop, Gold still didn't "capitalise".
The shyster bankers will stop at nothing to keep this asset down.
They can hold out longer than you or I can, let's face it.
Stocks don't care because [ ].
Feel free to insert anything in those parentheses, but we all know there's only one answer.
yeah look at the Dow...
how many times has that fraudulent index attempted to collapse today only to have the PPT rush in and prop it up...
http://www.marketwatch.com/investing/index/DJIA
Stocks don't care because they are being backstopped by money printing.
Primary dealers are setting up long dated Treasury positions. 30yr auction results released today at 1 pm.
remember - a Duke has always had a seat on the exchange -
Fuck Me Running, BTFATH
Just hit the Ask at don't look back you wookies
my Haiku for today:
Tim cook likes it in the rear
Being gay is so cool
Buying more Apple gadgets
let's all become gay...i've heard it's very liberating.
If all else fails you can pull a Jenner at 65.
good one...LOL
Thanks. I never met a straight person that has a daily Haiku.
wow, thought we might bury the hatchet... guess not
i never met a man that a a little boy as his avatar wtf?
FYI, It's one of my sons, who passed away. Why would you expect me or anyone to forgive you? where you never taught about the consequences or your actions.
TYLER, SERIOUSLY HOW MANY TIMES ARE YOU GONNA USE THESE WORDS "PLUNGING, COLLAPSING, CRATERING" BUT SHIT NEVER HAPPENS. IM FUCKING FED UP WITH THIS BULLSHIT. HOPEFULLY BY MONDAY GREECE SAYS FUCK YOU TO THE EU. I. AM. TIRED.
You're on a different timeline. This is the day trading Tyler.
sorry to hear that ten pip move wiped out your forex account bro.
LOL - zombie dude has no clue what a pip is -
Completely wiped.
Wind your neck in ZomBie and BTFD. Surging
"You keep using that word. I do not think it means what you think it means" - Inigo Montoya
Stocks don't care about anything because it's corporations doing buybacks, and do stock buyback programs pay attention to the headlines of the day? NO?!
So the question is, why do you (or any investor) look at them?
These has been the theme FOR YEARS NOW.
Are they running the markets up before the greece announcement because they think there is no deal?
Congrats to the Saudis, who get their war on ISIS (and Assad), war will be driving up the demand for oil and wipe out the global surplus, the price of oil will go up, there will be lots of tension in the Middle East -- and the Saudis do not have to cut production! The dollar is weaker because of today's headlines, but also in anticipation of more US borrowing to pay for the war.
my target was 2085 for the year, i'm out... maybe some paddle and a steam at NYAC... keep trading suckers
You forgot the most important thing: Options expire next Friday and they MUST crush the VIX before that happens. Now if it makes any sense that given what is going on in Brussels the VIX is down 7% today please ignore
'How can you tell he's the king?'
'Because he's got the least amount of shit all over him!'
Monty Python, sort of.
And TESLA shares are on the way back up? Who would even buy one share of that piece of crap?