Jawbones on Parade!

Okay, this is beyond what even I thought possible when noting in NFTRH 406 (ref. this post: A Treasure Trove of Nuggets From the MSM)... “Yes yes, I know the…

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QE; the Beat Goes On

The BoE, in battling the fallout from Brexit (a decelerating economy), has dropped rates to .25%.  Bond markets cheer, with US yields dropping (bonds up) and global bonds rising.  From…

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Kur Uh Oh Dahh

BoJ stands pat, surprising substance addicted markets and JPY/USD slams higher. This after we have noted the trend change in USD/JPY since early in the year. Other currencies vs. USD…

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El-Erian on Central Bank Ammo

Mohamed El-Erian gives a good review of the recent history of Central Bankers' descent down the rabbit hole of unconventional monetary policies.  A calm, rational man well worth a listen…

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The Draghi Down the Rabbit Hole

It is beyond me how conventional market participants can continue to play this game without having already completely lost confidence in the Central Bankers of the developed world, save for…

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