aussiebear Posted October 4, 2017 Report Share Posted October 4, 2017 Early openers adrift: Kiwis flat, Aussies -0.6%, Japan +0.1%, Sth Korea closed.Gold is the only (marginally) up sector in the Aussie market, +0.1% with Energy -1.3% and REITS -1.1%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted October 4, 2017 Author Report Share Posted October 4, 2017 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted October 4, 2017 Author Report Share Posted October 4, 2017 http://money.cnn.com...s/morning_call/http://www.kitco.com http://www.kitconet....ase_metals.html Link to comment Share on other sites More sharing options...
aussiebear Posted October 4, 2017 Author Report Share Posted October 4, 2017 http://www.engrish.com/2016/04/sounds-authentically-british/ Found in Daejeon, South Korea. Link to comment Share on other sites More sharing options...
aussiebear Posted October 4, 2017 Author Report Share Posted October 4, 2017 http://bigcharts.mar...com/default.asp A decisive down day for All Ords with the index finishing -0.8%. All sectors were down led by Utilities -2.5%, REITS -1.6% and Telecomms -1.2%.Over in Asia, China closed, Hong Kong +0.7%, Japan +0.1%, India currently +0.7%. On to UK/Europe: http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted October 4, 2017 Author Report Share Posted October 4, 2017 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
DrStool Posted October 4, 2017 Report Share Posted October 4, 2017 Trend R now at 2535-37. If taken out, target would be 2545. Link to comment Share on other sites More sharing options...
DrStool Posted October 4, 2017 Report Share Posted October 4, 2017 Hurst 5 day cycle now trending mode. Projection 2555. Link to comment Share on other sites More sharing options...
potatohead Posted October 4, 2017 Report Share Posted October 4, 2017 Lee, With the Fed announcing their balance sheet reduction plan, What do you think the Fed's plans are for interest paid on excess reserves held at the Fed? Do see that program or at least the interest being reduced or eliminated? Seems as long as they pay interest, that is a form of QE. I would think those reserves would be the capital to invest in Treasuries since the Fed is backing away. Link to comment Share on other sites More sharing options...
DrStool Posted October 4, 2017 Report Share Posted October 4, 2017 Yep. I have written at length about that. It is definitely a form of easing, but it's too small to be material. As the Fed ratchets up to $50 billion a month in withdrawals, it will take a toll. See some of my recent pieces at http://suremoneyinvestor.com/ Link to comment Share on other sites More sharing options...
Jorma Posted October 4, 2017 Report Share Posted October 4, 2017 It's hard for me to imagine the Fed will actually ever get to $50bn a month in sales. My head says they will but my gut says no. Of course I thought in late 07 and 08 before the plunge that Bernanke should be going home every night and curling up into a fetal position. There is no indication he was anything other than supremely confident. Link to comment Share on other sites More sharing options...
aussiebear Posted October 5, 2017 Author Report Share Posted October 5, 2017 ---> Tattered Thursday http://www.capitalstool.com/forums/index.php?showtopic=13083 Link to comment Share on other sites More sharing options...
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