Interesting article. When I'm see this kind of porn on CNBC, I can't help but be paranoid as a bear…
Anyhow, can someone explain: “The next shock and awe will be in the form of large scale QME (Quantitative Monetary Easing), but with one massive difference – it will be focused on lowering yields, not expanding money supply,” he said.
“So do not be surprised if the next QME is about guaranteeing yields at, say, 2 percent on the (10-year US Treasury) or lower,” he wrote.
How do you do QE to guarantee low yields WITHOUT this increasing money supply?
Cracks me up how the kabuki theater is that the US dollar is some sort of bedrock, and not the same kind of toilet paper that they have in the EU. I expect the deflation angle to play out to the hilt, even to the point where people are taking pay cuts to keep up with the mighty dollar's purchasing power.
G20 about to end, the PM of UK is speaking live for the closing remarks. He said that Both he and Obama agree that a strong BP is beneficial to everyone. Obama also stated that the “stimulus” will continue so the the games will persist.
Notice the gaps on spy 5 minute. Is anything weird???
Nasdaq composite index support zone.
http://niftychartsandpatterns.blogspot.com/2010…
Interesting article. When I'm see this kind of porn on CNBC, I can't help but be paranoid as a bear…
Anyhow, can someone explain:
“The next shock and awe will be in the form of large scale QME (Quantitative Monetary Easing), but with one massive difference – it will be focused on lowering yields, not expanding money supply,” he said.
“So do not be surprised if the next QME is about guaranteeing yields at, say, 2 percent on the (10-year US Treasury) or lower,” he wrote.
How do you do QE to guarantee low yields WITHOUT this increasing money supply?
AMEN!
Oh, yeah, that was bear porn all right. 🙂
Cracks me up how the kabuki theater is that the US dollar is some sort of bedrock, and not the same kind of toilet paper that they have in the EU. I expect the deflation angle to play out to the hilt, even to the point where people are taking pay cuts to keep up with the mighty dollar's purchasing power.
Utter shite.
This should make all the bears happy…
http://www.cnbc.com/id/37970561
EUR/USD Trading near resistance levels
http://niftychartsandpatterns.blogspot.com/2010…
Obama fashionably late for his closing statement.
G20 about to end, the PM of UK is speaking live for the closing remarks. He said that Both he and Obama agree that a strong BP is beneficial to everyone. Obama also stated that the “stimulus” will continue so the the games will persist.
WMT chart
http://zstock7.com/wp-content/uploads/2010/06/w…