Tagged: NZ

The Day Today 21 Jan 2015

* Bill White, the man who predicted the financial crisis, warns the current situation is even worse: “We are holding a tiger by the tail”; and that more QE won’t work: “Sovereign bond yields haven’t been so low since the ‘Black Plague’: how much more bang can you get for your buck?” * Greece deposit flight…

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The Day Today 15 Dec 2014

* Abe retains his super-majority: ‘We heard the voice of the people saying ‘Move forward with Abenomics” though on a record low turnout, 53.3% vs 59.3% last time * This story not going away, it resurfaces every time everyone thinks the task is just too hard for Draghi and he will up sticks and take up the…

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The Day Today 12 Nov 2014 (Happy Birthday Mum!)

* Abe to delay sales tax hike by 18 months and call December election, says Japanese press – later denied by cabinet ministers * BOJ hawks coming out of the woodwork… Miyao: “I think there is a high chance the BOJ can begin specific debate on its exit strategy in the second half of fiscal 2015,…

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The Day Today 17 Oct 2014

* Fed Bullard takes his message to the FT in an interview: “I do think that this global situation is serious…Europe is threatening to go into a triple dip recession and maybe even reignite the European sovereign debt crisis.” He said a pause in purchases would be a “low cost move that we could make,…

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The Day Today 30 September 2014

It’s month end, and impact of PIMCO adding to general sense of jitters. EM currencies and stock markets all under pressure yesterday, while the US 10yr fell back under 2.50%. * RTRS poll: 200bn ABS/covered bond purchases expected from the ECB * Hans-Werner Sinn urges German citizens to petition the German Constitutional Court to stop ECBs…

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