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Global Macro Trading Journal
- Thread starter Daal
- Start date
Interesting chart on why its not such a bad idea to focus on core prices
https://lh4.googleusercontent.com/_...cI/AAAAAAAAAbg/SjuMGMZXYfE/commodity_core.jpg
https://lh4.googleusercontent.com/_...cI/AAAAAAAAAbg/SjuMGMZXYfE/commodity_core.jpg
Bullard: Fed to stay on pause for a while after QE2
http://insider.thomsonreuters.com/l...5NDFmYy01Njc3LTRmZDktYmNjMC01ZmFlNzMwOTFjYmU=
Says that means balance sheet needs to remain stable AND extended period in
http://insider.thomsonreuters.com/l...5NDFmYy01Njc3LTRmZDktYmNjMC01ZmFlNzMwOTFjYmU=
Says that means balance sheet needs to remain stable AND extended period in
Paulson abandons housing view
http://www.zerohedge.com/article/pr...terview-which-he-bearish-housing-bullish-gold
Looks like his 'best time to buy a house' lasted very little. Blames it on Dodd-Frank and not on the excess supply, end of government subsidies
http://www.zerohedge.com/article/pr...terview-which-he-bearish-housing-bullish-gold
Looks like his 'best time to buy a house' lasted very little. Blames it on Dodd-Frank and not on the excess supply, end of government subsidies
Greece going bye-bye, the 2 year up 90 basis points today to about 18.25% after German FinMin hints at restructuring - the first big-time EU official to admit the obvious.
Markets are weird - I saw those comments yesterday afternoon and figured they would hammer the euro and equities, but saw no reaction. It took till overnight before markets reacted. Euro is now off 150 pips and stocks are taking a hit.
Markets are weird - I saw those comments yesterday afternoon and figured they would hammer the euro and equities, but saw no reaction. It took till overnight before markets reacted. Euro is now off 150 pips and stocks are taking a hit.
Quote from ralph00:
Greece going bye-bye, the 2 year up 90 basis points today to about 18.25% after German FinMin hints at restructuring - the first big-time EU official to admit the obvious.
Markets are weird - I saw those comments yesterday afternoon and figured they would hammer the euro and equities, but saw no reaction. It took till overnight before markets reacted. Euro is now off 150 pips and stocks are taking a hit.
Source?
"HELENA, Mont. (Dow Jones)--Core inflation isn't at a significant level and the U.S. Federal Reserve Bank does not need to raise interest rates anytime soon, Narayana Kocherlakota, president of the Federal Reserve Bank of Minneapolis, said Thursday morning."
Hinting he won't dissent to extended period language. How he can sign on extended period and still see TWO hikes this year is beyond me
Hinting he won't dissent to extended period language. How he can sign on extended period and still see TWO hikes this year is beyond me
Quote from Daal:
Source?
Google is your friend ...
http://www.reuters.com/article/2011/04/14/markets-bonds-euro-idUSLDE73D10H20110414
FWIW, euro has reversed to now higher on the day. Markets realize the slightest hiccup in anything brings on the likelihood of QEIII. That's what happens when your central bank targets higher stock prices. Silver screaming higher.
Quote from Daal:
"HELENA, Mont. (Dow Jones)--Core inflation isn't at a significant level and the U.S. Federal Reserve Bank does not need to raise interest rates anytime soon, Narayana Kocherlakota, president of the Federal Reserve Bank of Minneapolis, said Thursday morning."
Hinting he won't dissent to extended period language. How he can sign on extended period and still see TWO hikes this year is beyond me
Yellen's latest speech was pretty clear that the "extended period" language will remain as long as inflaction expectations remain anchored. Her belief is that the current rise in commodity prices is a temporary event and that it is now reaching a peak.
But most importantly...the Fed has left the door wide open for QE3.0.
Quote from Corelio:
Yellen's latest speech was pretty clear that the "extended period" language will remain as long as inflaction expectations remain anchored. Her belief is that the current rise in commodity prices is a temporary event and that it is now reaching a peak.
But most importantly...the Fed has left the door wide open for QE3.0.
In a sense there is always QE going on, the balance sheet of the Fed is usually growing overtime. If bank lending remains weak it will have to grow faster than it did pre-crisis