Japan

The Bank of Japan Was The Top Buyer Of Japanese Stocks In 2016

The Bank of Japan is set to become the biggest buyer of exchange-traded funds in 2016 for the second straight year. According to data through Thursday, the value of the BOJ's ETF purchases this year has topped 4.3 trillion yen, up 40% from 2015. As a result, the BOJ "will become the largest buyer of ETFs this year," according to Mizuho Securities.

Chinese Carrier Sails By Taiwan, Enters Contested South China Sea

A group of Chinese warships led by the country's sole aircraft carrier passed south of Taiwan on Monday, and entered the top half of the South China Sea, in what China has termed a routine exercise, but is meant to be a show of force by Beijing the escalating diplomatic spat between China, the US and Taiwan.

Global Shares Trade Mixed In Thin Holiday Trade; Yen Rises As China Rebounds

With most global market closed for Christmas holiday, and traders taking the day and the week off, global stocks traded mixed in thin, subdued conditions. Japanese shares fell as the yen gained against the dollar for the fourth straight day after the release of BOJ Minutes and a Kuroda speech, while Chinese equities recovered from earlier losses.

The Scariest Forecast For Treasury Bulls

Assuming Deutsche Bank is correct, the result would be the scariest forecast bond bulls have seen in years: a 10-Year TSY whose yield fades all gains attained during the past decade, in the span of just two short years, hitting 4.5% in early 2019. The adverse implications from such a fast, steep move on all asset classes, not just bonds, would be devastating.

The Christmas Truce And The Future Of War

How widespread do you think it really was and do we make more of the Christmas Truce than we ought to because it’s so hopeful, in other words, it’s something we want to believe in? "...the threat that would be posed to the establishment, to the generals, and the politicians by having rank and file soldiers, sort of awakened to the idea of the preposterousness of the war."

An Angry Israel Summons Foreign Ambassadors, Accuses Obama Of Conspiring Against It

Israel summoned foreign ambassadors of UN Security Council nations to Jerusalem to reprimand them on Sunday, and had more harsh words for the Obama administration, which he accused of conspiring over Friday's UN resolution: "We have no doubt the Obama administration initiated it, stood behind it, coordinated the wording and demanded it be passed."

Demographic Shock Ground Zero: Japan Births Drop Below Million For The First Time On Record

While the US is finally starting to feel the social, political and economic hit from an aging population, nowhere is the demographic impact more visible than in what is the epicenter of the developed world's demographic problems: Japan. It is here that according to the latest government data, the number of births in Japan is likely to fall below a million this year for the first time since data became available in 1899.

The United States And The Race For Global Hegemony

The American unipolar moment began in earnest following the fall of the Berlin Wall and the dissolution of the Soviet Union, thereby offering the American elite the crazy idea of seeking to achieve total global hegemony by conquering the nations of the Heartland, especially through economic and military means.

China Shows Off Aircraft Carrier Drills, To Sail Into Contested South China Sea

China's military showed off on Saturday its first aircraft carrier group conducting a series of previously unannounced fighter launch, recovery and air combat exercises in the Yellow Sea. Additionally, the defense ministry hinted that the group "will conduct scheduled cross-sea training and tests", wording that has prompted speculation that the warships would next sail to the contested South China Sea.

Geopolitics, Globalization, And World Order: Part 1

Big and significant nations like Russia, India, China and Iran are virtually impossible to control militarily, leaving only the financial option available. In this sense, the role of central banks and the de-dollarization process are a core strategic interest for these countries as a way of maintaining their full sovereignty. In going in this direction, they deliver a dramatic blow to US aspirations for a global empire.

Dave Collum's 2016 Year In Review - "And Then Things Got Really Weird..."

"Markets don’t have a purpose any more - they just reflect whatever central planners want them to. Why wouldn’t it lead to the biggest collapse? My strategy doesn’t require that I’m right about the likelihood of that scenario. Logic dictates to me that it’s inevitable..."

Futures Unchanged In Thin Pre-Holiday Tape; Italian Bank Bailout Lifts European Shares

European stocks halted two days of declines, with the Stoxx 600 fractionally in the green and Italy’s bonds climbing after Monte Paschi requested a bailout and Italy pledged to provide support for its other ailing lenders. S&P futures were little changed among extremely thin volumes while Chinese stocks dropped amid concerns on higher borrowing costs.

China "Shocked" By Navarro Appointment, As Trump Team Proposes 10% Import Tariff

The appointment of Peter Navarro to a formal White House post "shocked' Chinese officials who had hoped that Mr Trump would tone down his anti-Beijing rhetoric after assuming office. China will be even more shocked, however, if as CNN reports, Trump is about to implement a 10% import tariff, leading to an all out trade war with Beijing.

Here Are The "Costanza Trades" Of 2017

Ask yourself; what are the trades that make complete sense and all your instincts say are right, and then do the opposite.  Basically what you end up constructing is an out of consensus portfolio and we all know how consensus trades work out in this market.