Tag Archive: Japan

Who Is The “European Movement” And Why The Answer May Change How You Vote On “Brexit”

2016-06-23

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2016-06-23

The UK has to choice: Remain as sovereign state or merge it into the undemocratic United States of Europe. Big business, banks, central banks and the IMF want to excercise their power through unelected officials. And wonder who is responsible for the "European Movement."

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The British Referendum And The Long Arm Of The Lawless

2016-06-23

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2016-06-23

Kings have long arms, many ears, and many eyes.” So read an English proverb dated back to the year of our Lord 1539. And thus was born an idiom that today translates to the very familiar Long Arm of the Law. It stands to reason that such a warning was born of feudal times when omnipotent and seemingly omnipresent monarchs personified the law.

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World’s Central Bankers Gathering At BIS’ Basel Tower Ahead Of Brexit Results

2016-06-22

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2016-06-22

What happens on the 18th floor of the main tower at Centralbahnplatz 2 in Basel, stays on the 18th floor of the main tower at Centralbahnplatz 2.

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US Negative Interest Rate Bets Surge To Record Highs

2016-06-17

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2016-06-17

As the "deflationary supernova" sweeps across the world, dragging bond yields to zero-and-beyond, even the almighty omniscent Federal Reserve has been forced to capitulate as the 'cheapness' of Treasury bonds lures the world's yield-hunters dragging ...

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JPMorgan CIO Crushes Cameron’s Scaremongery: Brexit “Hardly The Stuff Of Economic Calamity”

2016-06-16

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2016-06-16

First The Telegraph, then The Sun, and today The Spectator all came out on the "Leave" side of the Brexit debate. However, perhaps even more shocking to the establishment is the CIO of a major bank's asset management arm dismissing the apparent carna...

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China and Japan Chart Update

A chart-up from China and Japan. Growth of Chinese industrial production, retail sales, fixed asset investment is at lows not seen since the Asian financial crisis. The Yuan is falling. Economic data from Japan is not a lot better.

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Chart up-date: Stocks, Bonds, Copper, Gold

2016-06-10

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2016-06-10

Well that escalated quickly...All-time highs within reach... everything is awesome...wait what... Quite a week: Gold +5.25% in last 2 weeks - best run in 4 months Silver +5.65% this week - best week since May 2015 Copper -4% this week to lowest week...

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Brexit: Switzerland Prospers outside the EU, why Can’t the UK?

2016-06-10

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2016-06-10

As the June 23rd BREXIT (the UK-wide referendum to leave the EU) vote draws near, the polls indicate a close result. Those urging a vote for the UK to remain inside the EU are suggesting increasingly...

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Need Safe havens: CHF or Gold?

2016-06-09

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2016-06-09

In times of negative interest rates and falling earnings per share, gold is the ultimate safe haven. Due to negative rates, it is not the Swiss Franc.

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Global Peace Index: Only 10 countries not at war (among them Switzerland)

2016-06-09

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2016-06-09

The world is becoming a more dangerous place and there are now just 10 countries which can be considered completely free from conflict, according to authors of the 10th annual Global Peace Index, among them Switzerland.

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Visualizing “The 5000 Year Long Run” In 18 Stunning Charts

2016-06-09

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2016-06-09

In the long run, as someone once said, we are all dead, but in the meantime, as BofAML's Michael Hartnett provides a stunning tour de force of the last 5000 years illustrates long-run trends in the return, volatility, valuation & ownership of financi...

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FX Daily, May 27: Dollar Firms as Traders Await Yellen

2016-05-27

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2016-05-27

The US dollar is winding down the week on a firm note, but still in a consolidative mode.  The euro and yen and Australian dollar are well within yesterday's ranges while sterling and the Canadian dollar pushing through yesterday's lows.  Asian ...

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Three unintended consequences of NIRP

2016-05-24

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2016-05-24

Central bankers use low or negative interest rates so that it leads to more investment. For them interest rates are a consequence of the currently very low inflation rates. Patrick Watson argues differently: Falling prices are a consequence of low interest rates.

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Daily FX, May 13: Toward a New Mouse Trap

2016-05-13

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2016-05-13

The Great Financial Crisis has exposed a deep chasm in economics and economic policy.  No single institution is this crystallized more than at the Bank of Japan. The former Governor, Shirakawa brought policy rates to nearly zero to combat deflation. His successor, Kuroda, took the central bank in the completely other direction. He has introduced three …

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The Twilight Of The Gods (aka Central Bankers)

2016-05-10

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2016-05-10

The current financial market volatility increasingly reflects loss of faith in policy makers. Celebrity central bankers are learning that they must constantly produce new miracles for their followers.

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St. Louis Fed Slams Draghi, Kuroda – “Negative Rates Are Taxes In Sheep’s Clothing”

2016-05-09

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2016-05-09

"At the end of the day, negative interest rates are taxes in sheep’s clothing. Few economists would ever claim that raising taxes on households will stimulate spending. So why would they think negative interest rates will?" Those are the shocking wor...

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Gold And Negative Interest Rates

2016-04-30

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2016-04-30

Submitted by Dan Popescu via Acting-Man.com, The Inflation Illusion We hear more and more talk about the possibility of imposing negative interest rates in the US. In a recent article former Fed chairman Ben Bernanke asks what tools the Fed h...

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Negative Rates: Jim Bianco Warns “The Risk Of An ‘Accident’ Is Very High”

2016-04-29

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2016-04-29

In an interesting interview with Finanz und Wirtschaft, Bianco Research president Jim Bianco discusses a variety of topics such as negative interest rates turning the entire credit process upside down, bank balance sheets being even more complex and ...

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Futures Ignore Apple Plunge; Oil Rises Above $45 As Yellen Looms

2016-04-27

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2016-04-27

For those who thought that the world's biggest company losing over $40 billion in market cap in an instant on disappointing Apple earnings, would have been sufficient to put a dent in US equity futures, we have some disappointing news: with just over...

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Chinese Dragon: Breathing Credit Fumes

2016-04-24

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2016-04-24

Economic forecasting, no matter how complex the underlying model may be, is essentially about extrapolating historical trends. We showed last week how economic models completely fail to pick up on structural shifts using Japan as an example. On the other hand, if an economy doesn’t really change much, as in the case of Australia over the last thirty years, model “forecast” are generally quite accurate.

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