MORE MANIPULATION…MORE INTERFERENCE…
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…by people who have no idea what they are creating. Following in the footsteps of Bernanke. They had better have a big arsenal. The only reason it has been working here is because in Bernanke’s mind, there are no limits to how much money you can print.
Almost at the same time, Beranke yaps and basically telegraphs more money printing on this side of the pond. Thrilling! Read this:
(Reuters) – The European Central Bank is considering setting yield band targets under a new bond-buying programme to allow it to keep its strategy shielded and avoid speculators trying to cash in, central bank sources told Reuters on Friday.
Setting a band is an option gaining in favour among central bankers, but the decision would not be made before the ECB’s September 6 policy meeting, the sources said.
SOURCE: http://uk.reuters.com
Hi Gary, just to let you know, I’ve created a trading model to identify opportunities in global market indices, taking into account forecasting moves, volatility trends and indentifying potential catalysts….the potential catalyst piece is now more and more forecasting central bank moves!. The model has proved succesful over 6months so far.