Jimi Posted September 28, 2022 Report Share Posted September 28, 2022 "Hello, Chairman Powell? This is, umm, some very responsible participants on Wall Street. We think it's important that you know that, umm, we are seeing some, umm, 'financial risk' here and, umm, there's been some, umm, 'dramatic moves.' And we thought we should communicate this very important information so that, you know, you might maybe do that sorta Bank of England thing, to really 'calm markets.' Because, this isn't about us or our overcompensated livelihood... like we said, we are very responsible participants on Wall Street... but this is just, you know, 'financial risk' & 'dramatic moves' and 'calm markets.' So, if you could also do that thing where you buy the stuff and everyone relaxes and everything goes up, it's win-win all around. We have some thoughts on those purchases... actually we have a list here... because we are trying to be helpful...." 1 Link to comment Share on other sites More sharing options...
fxfox Posted September 28, 2022 Report Share Posted September 28, 2022 https://www.forexlive.com/centralbank/boe-buys-just-1025-billion-in-emergency-qe-operation-20220928/ „Buying was was focused on July 2051 bond, with about two thirds of the buying there. That £1 billion has gone a long ways. You can look at that two ways: 1) They didn't do much or 2) There wasn't as much forced selling as feared Of course, the massive long end rally today would have made people a lot more reluctant to let go of the bonds.“ 1 Link to comment Share on other sites More sharing options...
The CoinGuy Posted September 28, 2022 Report Share Posted September 28, 2022 I'm going to go ahead and just park this right here... Once a Canary...Always a Canary. Best, TCG Link to comment Share on other sites More sharing options...
Jimi Posted September 28, 2022 Report Share Posted September 28, 2022 7 minutes ago, fxfox said: That £1 billion has gone a long ways. At the outset & for the moment. Tends to become a habit. 1 Link to comment Share on other sites More sharing options...
Jorma Posted September 28, 2022 Report Share Posted September 28, 2022 Everyone wants the CB's to print. Except for bond buyers and holders. Do they count? Not really. Link to comment Share on other sites More sharing options...
DrStool Posted September 28, 2022 Author Report Share Posted September 28, 2022 1 hour ago, fxfox said: A low is in. Little doubt about that. We would have crashed today. But the CB’s were there. That‘s all. Link to comment Share on other sites More sharing options...
fxfox Posted September 28, 2022 Report Share Posted September 28, 2022 Link to comment Share on other sites More sharing options...
DrStool Posted September 28, 2022 Author Report Share Posted September 28, 2022 5 day cycle projection 3723 Link to comment Share on other sites More sharing options...
DrStool Posted September 28, 2022 Author Report Share Posted September 28, 2022 The BoE is about as important as a boil on the Fed's ass. 1 Link to comment Share on other sites More sharing options...
Jimi Posted September 28, 2022 Report Share Posted September 28, 2022 Just now, DrStool said: The BoE is about as important as a boil on the Fed's ass. Now... a "boil on the Fed's ass" could prove crucial for... Wait for it.... "A Chair Man." 1 Link to comment Share on other sites More sharing options...
Jorma Posted September 28, 2022 Report Share Posted September 28, 2022 Nobody expects Cliff Robertson. Link to comment Share on other sites More sharing options...
potatohead Posted September 28, 2022 Report Share Posted September 28, 2022 35 minutes ago, DrStool said: The BoE is about as important as a boil on the Fed's ass. boils on the buttocks, sounds like a 1960's band Link to comment Share on other sites More sharing options...
sandy beach Posted September 28, 2022 Report Share Posted September 28, 2022 Bank of America - commodity deflation: Link to comment Share on other sites More sharing options...
itiswhatitis Posted September 28, 2022 Report Share Posted September 28, 2022 20 minutes ago, potatohead said: boils on the buttocks, sounds like a 1960's band Sounds like a good name for a craft beer Link to comment Share on other sites More sharing options...
sandy beach Posted September 28, 2022 Report Share Posted September 28, 2022 Link to comment Share on other sites More sharing options...
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