DoubleLine's Jeffrey Gundlach indicated in a webcast on Thursday that financial markets are on the brink of turmoil, saying "this is a big, big moment." He's right. It is. The mood has shifted suddenly. Investors are losing faith in the efficacy of monetary stimulus, and it appears that perhaps central bankers may be, too. The Bank of Japan and European Central Bank have refrained from committing to additional rounds of stimulus and are quickly running out of bonds to buy under their existing programs. The BOJ may run out of bonds within the next 18 months, while the ECB may run into a wall sooner than that, according to analysts cited by the Wall Street Journal and the Financial Times. The Federal Reserve, meanwhile, is still planning to raise benchmark interest rates despite underwhelming economic data. This is in large part because policy makers are increasingly concerned about the threats to longer-term financial stability by keeping rates so low. Meanwhile, inflation expectations are rising on bets that government officials will embark on spending plans to stimulate growth. This multifaceted dynamic is a game changer, and markets have taken note. Traders have started dumping government bonds, leading to the biggest rout in Japanese debt in 13 years. To read the entire article, go to https://www.bloomberg.com/gadfly/ar...-puts-his-finger-on-bond-market-tipping-point Sent from the Bloomberg iPad application. Download the free application at http://itunes.apple.com/us/app/bloomberg-for-ipad/id364304764?mt=8
Wrong. The ES and it's two friends do NOT influence ALL markets. They don't influence Live Cattle, they do not influence CL, they do not influence Soybeans (ZS). Why can you not get this through your mind?
The only thing that matters, basically, in... the Market... is the DOW, or SPY ...everything else is just noise and nonsense -- or the minor leagues.
You mean that if the S&P goes down there will not be a drought in Iowa?! Damn..... I need to change my thinking.
Yeah, you need to seriously rethink your...Thinking patterns. http://www.cmegroup.com/trading/wea...-weather-heating_contract_specifications.html
I'm working on a theory, (backtesting and all) that if the SEC wins the National Championship, the S&P will move up by 5% in that year.... if its BAMA.... it goes up 7%. It hasn't been wrong yet. Cattle futures seem to only go up when the Big Ten wins.