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Stock market..

Posted: Fri Oct 31, 2014 5:00 pm
by GFB
..rocketing to new highs.

I sure hope you're on the right side of that.

Re: Stock market..

Posted: Fri Oct 31, 2014 5:12 pm
by planosteve
GFB wrote:..rocketing to new highs.

I sure hope you're on the right side of that.
It has nothing to do with the US economy. It is money moving out of the Yen into the dollar as the BofJ announces a new QE program that will weaken their currency.


Nikkei Futures Up Limit, Yen Collapses, Dollar Up, Gold Down as BoJ Pledges "Unwavering Determination" to Get 2% Inflation
"Whatever it Takes" Japanese Style

It's a world truly gone mad.

In a surprise move today, the Bank of Japan announced further quantitative easing, dominated by long-term Japanese government bonds. The BoJ also announced it and would triple annual purchases of exchange traded funds and property investment trusts.

Read more at http://globaleconomicanalysis.blogspot. ... 6eQopXO.99

Re: Stock market..

Posted: Fri Oct 31, 2014 6:10 pm
by GFB
planosteve wrote:
GFB wrote:..rocketing to new highs.

I sure hope you're on the right side of that.
It has nothing to do with the US economy. It is money moving out of the Yen into the dollar as the BofJ announces a new QE program that will weaken their currency.


Nikkei Futures Up Limit, Yen Collapses, Dollar Up, Gold Down as BoJ Pledges "Unwavering Determination" to Get 2% Inflation
"Whatever it Takes" Japanese Style

It's a world truly gone mad.

In a surprise move today, the Bank of Japan announced further quantitative easing, dominated by long-term Japanese government bonds. The BoJ also announced it and would triple annual purchases of exchange traded funds and property investment trusts.

Read more at http://globaleconomicanalysis.blogspot. ... 6eQopXO.99



Whatever..everybody has a reason..that's why I leave it at.."Hope you're on the right side."

Re: Stock market..

Posted: Fri Oct 31, 2014 6:12 pm
by GFB
planosteve wrote:
GFB wrote:..rocketing to new highs.

I sure hope you're on the right side of that.


It's a world truly gone mad.




Or maybe you've just got it all wrong.