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BoE's New Support Plan Fails As UK Gilt Yields Explode Higher
https://www.zerohedge.com/markets/its-ex...ond-market

BoE's Bailey Sparks Market Chaos With Pension Fund Threat
https://www.zerohedge.com/markets/boes-b...und-threat

(12-10-2022, 07:48 AM)Behappyalways Wrote: [ -> ]BoE's Bailey Sparks Market Chaos With Pension Fund Threat
https://www.zerohedge.com/markets/boes-b...und-threat

Seems like where the EuroDollar started, the Eurodollar shall end.

Playing chicken....interesting....who will blink...


https://m.youtube.com/watch?v=DXjNyVXy8lk


https://mobile.twitter.com/biancoresearc...8977550337


https://mobile.twitter.com/biancoresearc...5782916096

Big surge up in US market yesterday. Pivot??? Well market expectation of a 75 rate hike actually went up after the CPI report. From market pondering whether Fed would hike 50 or 75 basis points in Nov to 100% that they would hike at least 75 and around 5% they might hike 100. As for December hike, market is now shifting to a 75 basis hike from 50. So as for yesterday run up, more like a short squeeze or dead cat bounce....hence one should take advantage of this surge....

https://www.cmegroup.com/trading/interes...-fomc.html

The Reporter Who Knows What Jerome Powell Is Thinking Or, at least, that is Nick Timiraos’s reputation on Wall Street and in Washington.
https://nymag.com/intelligencer/2022/10/...nking.html

Something to ponder...
https://mobile.twitter.com/SpecialSitsNe...8390456322

The moment when
@ChrisRugaber
mentions to Powell“ Stocks and bonds are reacting positively to your announcement so far, is that something you wanted to see?” Powell almost choked and he said their gonna hike more than anticipated.
https://mobile.twitter.com/BinkyHole69/s...0512591873

Ports Clogged With Containers As World Trade Stumbles
https://www.zerohedge.com/markets/world-...ainer-glut

Despite the QT running for a 2 months at its full speed, the reverse repo has remained stubbornly high at US$2.1 trillion

https://fred.stlouisfed.org/series/RRPONTSYD/

Before COVID, there was only about US$11 billion in this account. This means US is still awash with liquidity to the tune about US$2 trillion. While last month's CPI and PPI showed a downtrend, the fact that banks still have US$2 trillion in cash parked with the Fed means should this cash be released into the market, inflation will continue to remain at elevated levels.

I wonder how would the Fed handle this massive amount of cash it has/injected. Ironically, this US$2 trillion is earning the Fed risk free rate which is quite weird for the Fed to be paying banks such a high interest for parking these money. In a way this is a form of QE because these US$2 trillion is attracting generating US$60 billion in interest per month. The US monetary system seems to be quite screwed up

A classical example

Normally big boys will accumulate stage 1, then push at stage 2 to get the share price above their cost price. They will distribute (sell) their shares at stage 3. As for stage 4, the retail players will be holding the 'baby' as price drops....

The glove makers were a classical example.


$TSLA updated chart
https://mobile.twitter.com/mikepsilva/st...4515443712

The weak gets weaker while funds that flows out from the weak flows to overvalued stocks hence supporting the market(short term)... This will not end well...

https://mobile.twitter.com/CNBCFastMoney...6196400131

(18-11-2022, 10:05 AM)Behappyalways Wrote: [ -> ]$TSLA updated chart
https://mobile.twitter.com/mikepsilva/st...4515443712