Submitted by Paul Brodksy After Wednesday’s policy statements by the Fed and Bank of Japan, a harsh light is being shined on the incredible nature of their communications. It would be wise in the current environment to structure investment portfolios with a pro-volatility bias. Central banks in G7 economies have been carrying a heavy load for a very long time, …
One Man’s Opinion: Central Banks Are Terrified… But of What?
by Phoenix Capital A quick question for the “recovery” enthusiasts… If the recovery is real and as strong as the “data” suggests… why are Central Banks engaged in the most aggressive stimulus in history? Consider Europe. According to the official data, the EU’s Services and Manufacturing PMI’s were 53.1 and 51.8 in August. Both were significantly above 50 (which represents …
One Man’s Opinion: Global Central Banks Are All-In: QE Running At Record $180 Billion Per Month (And Rising)
By ZeroHedge The monetary policy beatings will continue until morale improves. Eight long years after monetary policy experimentation went extreme, Reuters reports the amount of QE stimulus being pumped into the world financial system has never been higher… and it’s about to get bigger. As Jamie McGeever reports, The European Central Bank and Bank of Japan are buying around $180 …