Loading ...Re DB.
A big chunk of why the mkts are not reacting is the Rig….Due to no Web on Friday, I had to watch Bloomberg/CNBC to get prices…and all they ever talk about is what is the Fed/ECB/BoJ etc gonna do next. To which I thought…get a life, surely there is more…but then over the weekend I did some thinking and well maybe it make sense.
Forever the CB’s have tried to run the mkts/world, but been abject failures, as the CB’s can’t run the whole show 24/7 and the mkts did as needed, punishing stupidity, congratulating common sense. Come the Rig though and now all of a sudden the CB’s look smart and all powerful, they can run the show 24/7, so speculating on what the CB’s want next, does make some sense, as tks to the Rig they will get it.
Then one day something will happen and there will be no coming back, the CB’s will be seen to be useless, BtD will be a one way ticket to the poor house, not a quick way to riches, as they were saying about the Italian sell off, by Friday!!!!!!