Category Archives: nikkei 225
After $150 Billion Buying Binge, ‘Tokyo Whale’ Seen Paring Back ETF Purchases In 2018
A few months ago, we noted that the Bank of Japan had decided to throw every textbook out of the window and crank their plunge-protection to ’11’after reports surfaced that they owned a staggering 75% of Japan’s ETFs. The BOJ first started their buying spree in December 2010 – when they held no ETFs at […]
Asian Stocks Smash Records; Dollar Slides As Crude Surges To July 2015 Highs
Global shares hit another record high on Wednesday, propelled higher by what increasingly more call (ir)rational exuberance, and investors’ unflagging enthusiasm for tech stocks. That said, S&P futures are unchanged the morning before Thanksgiving (at least before the market open ramp), as are European stocks (Stoxx 600 is flat), despite the euphoria in the Asian […]
Global Stocks Tumble, Asia Plunges On Chinese Commodity Carnage
The euphoria of the past month has ended with a thud and BTFDers are strangely missing as the commodity chill out of China (which overnight became full blown carnage), has unleashed a global risk-off phase ahead of today’s critical CPI data, resulting in broad and sharp selling across global markets, as European stocks followed declines […]
Bill Blain: “Why We Should Be Very Nervous About Corporate Bonds”
Blain’s Morning Porridge, Submitted by Bill Blain of Mint Partners Why we should be very nervous about corporate bonds “Before the fiddlers have fled, before they ask us to pay for the bill and while we still have the chance.…” This might be week the proverbial chickens have more need than ever of somewhere […]
Japan Rocked By Violent Stock Plunge As Nikkei Tumbles 850 Points Before Recovering Losses
Something snapped in Japan today. With Asian stocks finally breaking out a decade-long doldrum, and hitting record highs earlier in the session, and with Japanese equities starting off the session on the right foot and continuing their recent ascent which until Wednesday had seen them rise on 23 of the past 25 days, Japanese shares […]
In The Shadows Of Black Monday – “Volatility Isn’t Broken… The Market Is”
Authored by Christopher Cole via Artemis Capital Management, Volatility and the Alchemy of Risk The Ouroboros, a Greek word meaning ‘tail devourer’, is the ancient symbol of a snake consuming its own body in perfect symmetry. The imagery of the Ouroboros evokes the infinite nature of creation from destruction. The sign appears across cultures and […]