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The European Central Planning Bank Unhappy With Analysts' Euro Forecasts
Things are getting more surreal by the moment. First the ECB leaks material, market moving information to hedge funds 12 hours before disclosing it to the entire world, and now the central bank that has taken central planning to the next level, is revealing its displeasure with how the quote unquote "market" has responded to the Euro. Via BBG:
- PRAET: SOME ANALYST FORECASTS ON THE EURO'S DEPRECIATION HAD GONE BEYOND WHAT ECB EXPECTED: WSJ
Oddly no comment if the ECB's stealthy selling of Bunds to open up capacity for 15 more months of purchases also moved the massively illqiuid market too far in the opposite direction.
One thing is certain: the ECB will never complain about the analysts' forecasts that the Stoxx 600 will keep rising to recorder highs: that is not only what the ECB had expected, but what its trading desk over at the BIS traded.
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When numbers on a screen are what signals collapse, the numbers will be changed.
He who must not be named is of course working to make sure the sheep remain pliable and easily led and so cannot allow the truth to escape its prison......
As soon as central banks care about what a few analysts' think we are in trouble.
We got in trouble, seems like eons ago...
how dare "independent" analysts have a thought of their own and not project what the ECB projects. capitalism (complete lack of) at its finest. we're fucked.
Of course they're confused....printing trillions of euros, creating massive amounts of inflation, competitively devaluing via a via China and Japan and, well...losing and "no one is buying their shit."
Sure....interest rates have never been lower.
But the money itself is worthless as it is creating "negative value" in the economy at large.
Why the Netherlands is still in the euro is beyond me.
They're cutting a HUGE check for largesse they will never use.
Meanwhile "Putin attacks...
Our world is run by psychopathic children these days. Time for the ECB to fine those that don't agree with them, much like the US government (Timmy) did to S&P after downgrading US debt back in 2011.
I know! They can establish a Ministry to inform analysts and pundits what to think ahead of time. It should have a name that converys veracity and honesty...
How about the 'Ministry of Truth'?