A Rumour That is Interesting, from Victor Niederhoffer
A rumour that is interesting .
You’ve Been Warned: Central Bankers Turning Less Market-Friendly " by Simon Kennedy
Anatoly Veltman writes:
I think the point to ponder is WHO planted this rumor on the eve of the fact. And the fact indeed was and is: what actual hike can be contemplated while faced with the emergency of keeping Monetary Union? Absurd. So, again: everything is done to prop the impression that hikes are imminently contemplated, while they are not even possible. Which loops back to the suspicion that articles are planted
anonymous writes:
This is not a new thought for central banking and other authorities, pre Bernanke’s speech that in part caused the taper tantrum, and the Fed to back off, this was a hot topic within said circles and in part instigated his speech.
Comments
EM on June 25, 2015 2:05 am
Japan is an interesting point in case. Fear for derailing an equity market rally is the one thing holding them back from a U-turn to focus on a domestic fiscal revival? What is interesting is the Japan pension fund allocations to equities…biggest in the world…ramping up equities in faith that yields would stay lower for longer?!