Posts Tagged ‘liftoff’

Notes From Underground: “You Say Why and I Say I Don’t Know” (Because Confusion Reigns)

September 9, 2015

The FED‘s upcoming FOMC meeting (September 16-17) is resembling the theatrics of the Greek debt crisis: Opinions abound about what do to and the entire world has voiced concerns about the outcomes from whatever decision Chair Yellen decides. The media is filled with articles advising the Fed to raise/don’t raise. However, we’ve come to the point, JUST DO IT. Unlike Nike, there will be no victory.

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Notes From Underground: You Will Learn To Live With Volatility

June 11, 2015

Last Wednesday, ECB President Mario Draghi warned the traders and investors in sovereign debt and other credit markets that great volatility would be the cornerstone of activity and the market would have to learn to deal with it. The problem with this scenario is, I believe, that the ECB is the progenitor of most of the violent price movement. Remember, the ECB QE program means that the Frankfurt bank has a great deal of fire power to move markets–to the tune of 60 billion euros ($72 billion) a month, which was close to what the FED was purchasing at the height of its QE program. Traders and investors have no heads-up as to when the ECB will be buying and therefore subject to being stopped out of trades at any time.

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Notes From Underground: The Fed and John Lennon … HOW?

April 6, 2015

In the song “HOW” from John Lennon’s Imagine, he asks:

How Can We Go Forward When We Don’t Know Which Way we ‘re facing?
How can we go forward when we don’t know which way to turn?
How can we go forward into something we’re not sure of?
Oh no, oh no.

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