by Summary:
Bank of Japan intervention not withstanding. The decline in the end will continue. 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Bank of Japan intervention not withstanding. The decline in the end will continue. 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Matias Vernengo writes Elon Musk (& Vivek Ramaswamy) on hardship, because he knows so much about it
Lars Pålsson Syll writes Klas Eklunds ‘Vår ekonomi’ — lärobok med stora brister
New Economics Foundation writes We need more than a tax on the super rich to deliver climate and economic justice
Robert Vienneau writes Profits Not Explained By Merit, Increased Risk, Increased Ability To Compete, Etc.
| Bank of Japan intervention not withstanding. The decline in the end will continue.  |
Makes sense, Japan is facing some long term challenges.
Now I get it. Roll off is when they allow securities to stay* in the economy. So reducing the amount of roll off reduces the amount of interest payments the private sector receives. The zombies thought this was stimulative when its the exact opposite LOL Mike I can't thank you enough for sharing your understanding! This is hilarious xD
I just longed USD/JPY after the selling pressure has been exhausted and made a good trade on it. This rolling off reduction could drive bond yields lower.
@@gavinvan6131 good point, all else being equal the reduction in supply of gov securities in the private sector should drive yields lower in the bond market directly.
What online source do you use to track fiscal flows?
daily treasury statement. just google it and its the first result on the treasury departments website. Everyday they do a published report on the deposits and withrawals of the treasury general account.
Mike you made the reverse repo too hard to understand. In June, The FED is adding less interest bearing assets into the economy right? Appreciate you Mike.
I’m calling 160 the high for the yen for the next two years. Lets see…
Current account stuff is a bit off. Japan has big current account surpluses still (not trade surplus though, it comes from primary incomes). Selling dollars doesnt effect the current account. Current account is like profits (it measure value change)not cashflows. If they buy back yen for dollars the current account balances them off and theres no net change.
Best financial/investing channel on youtube if you ask me.
Everything is preceding as MMT has foreseen
What do we think about ali baba ?
❤👁
14:40 Isn't it strange that COT Commercials are the longest they've been since 2013, and dumb money has been short all the way down?
Appreciate you Mike. Making good money selling puts to these overly fearful zombies