30 October, 2014 by The TZ Newswire Staff Comments Off on Markets Explodes As Bank Of Japan Goes All-In-er; Increases QQE To JPY 80 Trillion
Markets Explodes As Bank Of Japan Goes All-In-er; Increases QQE To JPY 80 Trillion
In a surprise move given all the recent congratulatory bullshit from Abe and Kuroda on breaking the back of Japan’s deflation and bring about recovery (forgetting to mention record high misery index, surging bankruptcies and a crushed consumer), the Bank of Japan (by a 5-4 vote) raised its bond-buying program from JPY 70 trillion to 80 trillion… and increases its ETF buying to JPY 3 trillion.
30 October, 2014 by The TZ Newswire Staff Comments Off on Update: Hershey Keeps Growing, Remains Attractive
Update: Hershey Keeps Growing, Remains Attractive
30 October, 2014 by The TZ Newswire Staff Comments Off on Update: Hershey Keeps Growing, Remains Attractive
Update: Hershey Keeps Growing, Remains Attractive
30 October, 2014 by The TZ Newswire Staff Comments Off on I Pledge Allegiance…
I Pledge Allegiance…
Submitted by The Dissident Dad via Mike Krieger’s Liberty Blitzkrieg blog,
Remember those weird kids who didn’t say the Pledge of Allegiance in school? They either sat down or just stood up silently. I sure do. Most likely for religious reasons, but I remember thinking to myself as a kid that it was wrong not to say the pledge aloud with the rest of us. As I got older in my teenage years, I even felt that those kids were not being respectful.
30 October, 2014 by The TZ Newswire Staff Comments Off on Goldman, Morgan Stanley Warn European QE, While Fully Priced In, Is Neither Imminent Nor Likely
Goldman, Morgan Stanley Warn European QE, While Fully Priced In, Is Neither Imminent Nor Likely
On balance, Morgan Stanley feels that broad-based QE, (i.e. large-scale purchases of government bonds) is further away for the ECB than the market currently believes. Presently they only assign a subjective 40% probability to such a step being taken; whereas the euro rates market is already pricing in the ECB resorting to a broad-based purchase programme with a very high probability of 80-100%. Goldman agrees warning specifically that “Sovereign QE is not imminent…
30 October, 2014 by The TZ Newswire Staff Comments Off on Careful What You Wish For: Plunging Yen Leads To 140% Surge In Bankruptcies
Careful What You Wish For: Plunging Yen Leads To 140% Surge In Bankruptcies
Due to the depreciation of the JPY, leading to soaring raw material costs (crushing SME profitability), TSR reports that Japanese bankruptcies year-to-date in 2014 are up a stunning 140% having unerringly surged since Abenomics was unleashed. Despite constant reassurance and propaganda from various political leaders each and every night that Japan is on the right track…
30 October, 2014 by The TZ Newswire Staff Comments Off on The Dollar Decline Continues: China Starts Direct Convertibility With Asia’s #1 Financial Hub
The Dollar Decline Continues: China Starts Direct Convertibility With Asia’s #1 Financial Hub
Submitted by Simon Black via Sovereign Man blog,
Earlier this week some of the biggest financial news of the year made huge waves all over Asia.
Yet in the Western press, this hugely important information has barely even been mentioned.