Silver as an investment

Category Archives: BOJ

Matt King Is Back With A Dire Warning: “A Significant Un-balancing Is Coming”

Earlier this week we discussed a chart from Citi’s Hanz Lorenzen, which we said may be the “scariest chart for central banks” and showed the projected collapse in central bank “impulse” in the coming years as a result of balance sheet contraction, and which – if history is any indication – would drag down not […]

BoJ, ECB Balance Sheets Exceed The Fed’s For First Time Ever – What Happens Next? / by Tyler Durden / Jun 2, 2017 6:35 AM For the first time in history, both the ECB and BoJ balance sheets have grown larger than the Fed’s. The BoJ’s balance sheet topped the JPY500tn (USD4.48tn) mark at the end of May, central bank data showed today. Furthermore, the latest data also shows the pace of […]

When Not to Go Short Volatility / TOM MCCLELLAN / 06/02/2017 The VIX is a supposed “volatility index”, but it does not really measure actual volatility. Instead, it measures what options traders think about volatility. All of the various investment vehicles that have popped up in recent years that are tied to the VIX have enabled traders to go long or short “volatility” […]

What Keeps Bank of America Up At Night / by Tyler Durden / May 25, 2017 11:03 AM It has been a painful, bruising intellectual exercise for BofA’s HY credit strategist Michael Contopoulos, who after starting off 2016 uber-bearish, was – together with every other money manager and advisor – taken to the woodshed, and forced to flip bullish, kicking and screaming, and advising BofA […]

Let’s Have a Look at the Great Bull Market of 2017 / Dr. Fly / Mar 20, 2017 4:02pm EST We’ve definitely run into some resistance as of late. Part of the recent reticence in stocks is due to the Nov-Dec rally, post election, which caught everyone off guard. Now we’re digesting recent gains, sitting around doing nothing, while Mother Market decides where to take us next. […]

Global Stocks Rise, S&P Futs Flat As Dollar Rebounds Ahead Of Critical Week For Markets

European bourses advance and Asian share rose led by a surge in Hong Kong stocks which rose the most in three months as Japan hit 15 month highs. U.S. futures are little changed along while the dollar rebounded from session lows after Friday’s selloff. Crude oil has continued its retreat, down 0.2% and sliding for […]

Japan Begins QE Tapering: BOJ Hints It May Purchase 18% Less Bonds Than Planned / by Tyler Durden / Mar 12, 2017 7:40 PM With the Fed expected to further tighten financial conditions following its now guaranteed March 15 rate hike, and the ECB recently announcing the tapering of its QE program from €80 to €60 billion monthly having run into a substantial scarcity of eligible collateral, the third big central […]

BELIEVE / Dr. Fly / Mar 1, 2017 Markets are forward looking indicators. Over the past 8 years, the market kept pricing in central bank rigging, rightly so. From the BOJ to the ECB to our Fed, central banks showed a keen willingness to boost asset prices since the financial crisis in 2008 — helping reflate equities […]

Mnuchin Praises Strong Dollar, Adds To Currency Confusion / by Tyler Durden / Feb 22, 2017 7:23 PM Following today’s more dovish than most expected minutes, the dollar tumbled and its main carry counterpart, the yen spiked. However, shortly after 4pm, the USDJPY resumed its levitation, a time when the traditional trust bank intervention on behalf of the BOJ was not yet in play. The […]

Is The World About To Hurtle Into Another Period Of Massive Financial Instability? / December 13, 2016 Ahead of this week’s FOMC announcement, the world awaits the next round of market chaos. Here is what Peter Boockvar wrote today as the world awaits the FOMC’s decision:  A new political regime took hold on November 8th and tomorrow we’ll see if there is any acknowledgement of that from the FOMC and whether […]