SiP Posted October 30, 2022 Report Share Posted October 30, 2022 I was just talking about pegs https://www.reuters.com/business/finance/egypts-pound-sinks-further-against-dollar-refinitiv-2022-10-30/ Link to comment Share on other sites More sharing options...
Jimbo Posted October 31, 2022 Report Share Posted October 31, 2022 THE SCHRODINGIAN FED CAT Consider the FED as a cat.... In a box..... The door is closed..... It has two levers it can pull..... One says.... QE...the market lives The other says....QT....the market dies What is "pause"..... The door opens to reveal that the cat is asleep. Link to comment Share on other sites More sharing options...
Jimi Posted October 31, 2022 Report Share Posted October 31, 2022 On Bloomberg presently, SNB Chair explaining the benefits of its 9.9% investment in Credit Suisse is not entirely persuasive to my ear. I know nothing of either party, or the deal, but I would think his presentation would be more… polished. Confident. Clear. Weird. Link to comment Share on other sites More sharing options...
SiP Posted October 31, 2022 Report Share Posted October 31, 2022 What about midterms elections? will they change anything for traders? any views? Link to comment Share on other sites More sharing options...
SiP Posted October 31, 2022 Report Share Posted October 31, 2022 SP500 4150 is the place with nic R/R for shorts Link to comment Share on other sites More sharing options...
SiP Posted October 31, 2022 Report Share Posted October 31, 2022 German Dax is attacking downtrend line Link to comment Share on other sites More sharing options...
SiP Posted October 31, 2022 Report Share Posted October 31, 2022 Swiss National Bank loses nearly $143 billion in first nine months Continued massive losses could wipe out the SNB's equity, which stood at 204 billion francs at the end of 2021. We can pursue our tasks and fulfill our mandate even with negative equity capital," he said in an interview published on Friday. https://www.reuters.com/business/finance/swiss-national-bank-posts-loss-1426-billion-first-nine-months-2022-2022-10-31/ Link to comment Share on other sites More sharing options...
Jimbo Posted October 31, 2022 Report Share Posted October 31, 2022 CENTRAL BANKS DE...EQITISATION SNB AND CS Yes...the reckless gamblers are being bailed out yet again.... Standard Central Bank operating procedure..... In the process the equity of the central banks basically gets transferred to the counter parties of CS et al and the other TBTF banks.... Thats the true beauty of entering into winning trades with the Too Big To Fail crowd Your counter party is really the central bank. No risk of counter party failure. Of course this de-equitizes the central banks...as someone always has to pay. Link to comment Share on other sites More sharing options...
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