"The Bank of England will delay quantitative tightening and will not tighten policy until the turmoil in the gilt market subsides."
This should be somewhat bullish for equities. Futures markets worldwide are getting a pop. Yields in Europe and US are dropping with the dollar. I doubt this will last very long in this bear market.
$SPDR S&P 500 ETF(SPY.US$ $Hang Seng Index(800000.HK$
$SPDR S&P 500 ETF(SPY.US$ $Hang Seng Index(800000.HK$
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Mike Hunt : Deja Vu 2008. Bear market rally ends in a month and the apocalypse begins
SpyderCallOP Mike Hunt: very interesting chart. So no soft landing?
Mike Hunt SpyderCallOP: Soft landing rhetoric is what “transitory inflation” narrative was last year I.E. PURE BULLSHIT. Here’s some evidence. A FULLY INVERTED YIELD CURVE. It’s not Just that 2 yr > 10yr. But also 10 yr > 30 yr!!!. Finally, look at the only other years where both equities AND bonds had negative returns.
mrbenje Mike Hunt: How are you playing the big crash?
bullrider_21 Mike Hunt: Hard to see a soft landing when Fed has to hike a lot to bring down inflation to around 2%.
Revelation 6 Mike Hunt: And the first seal was broken…
Revelation 6 SpyderCallOP: I doubt iit's going to be any softer than the CFO of $Bed Bath & Beyond Inc (BBBY.US)$ had. And on that note, would that have been a dead check bounce instead of a dead cat bounce? Too early?
Revelation 6 bullrider_21: We haven’t even seen them control it yet or bring it down 1%. It‘s still roaming freely and unchecked throughout all facets of the American economy.
SpyderCallOP bullrider_21: i know right. 2% is so far away. Neutral rates are far from their target. real interest rates are sky high from inflation. All analyst are sounding bearish. all of the good ones at least. Fed officials are not backi g down from rate hikes yet. Things just look bad right now.
SpyderCallOP Revelation 6:
Not too early. The memes came out the very next morning. it was actually hilarious the column that one of the mumu employees posted. all you could see before clicking on the column was the columns link and it said S&P 500 is falling off a cliff or something like that. and then you click on the link and it pops up with the first paragraph in the column and it wasn't talking about S&P falling off a cliff it was talking about the Bed Bath & Beyond dude jumping up the building. that was too soon. but it was still hilarious
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