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World Stock Markets Trading Discussion - Velvety veneer

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All Ords 5-day chart

big.chart?nosettings=1&symb=AU:XAO&uf=0&

http://bigcharts.mar...com/default.asp

 

All Ords squeezed out a gain of +0.3% with sectors ranging from Telecomms +1.5%, Utilities +1.3% down to Healthcare -0.9%.

Reddish hues in Asia, China -1.1%, Hong Kong -1.3%, India currently -1.1%.

Barely afloat in UK/Europe: FTSE flat, DAX -0.1% and CAC +0.1%.

 

 

big.chart?nosettings=1&symb=UK%3AUKX&uf=

  

  

big.chart?nosettings=1&symb=DX%3ADAX&uf=

  

 

big.chart?nosettings=1&symb=FR%3APX1&uf=

  

http://bigcharts.mar...com/default.asp

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QUANTITATIVE TIGHTENING

Steve Eisman has called QE monetary policy for rich people

In that case

QT must be monetary policy for poor people.

 

 

 

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29 minutes ago, Jimbo said:

QUANTITATIVE TIGHTENING

Steve Eisman has called QE monetary policy for rich people

In that case

QT must be monetary policy for poor people.

 

 

 

LOL

In  a way, that's right. Jerome Jerry Jay is Robin Hood. Savers are starting to see interest income again, after they were robbed for a decade to support the rich.  Bernanke was the Sherriff of Nottingham, stealing from the poor to give to the rich. Janet the Yellen, started to reverse that heinous theft. 

Bernanke should be burned at the stake. 

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