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spyguy

Is there a cooridinated end of QE /low IRs occuring?

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I think I said yesterday on a thread. The low irs /we was coordinated, so why don't people think its coordinated the other way?

 

We ate being played by the bankers...they are taking everything. The world , quite literaly, is not enough.

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Obviously I don't know what will happen next, but... seeing dax and ftse100 dropping heavily (3x daily average, 2x daily average respectively) it looks like the market is anticipating a change in monetary policy. I'd be looking for a short on pullback.

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Yeah, they've decided this is the best it's going to get so might as well try and normalise (the USA though). Everyone else knows they're toast if they don't.

Carnage will just follow to save face he's a follower not a leader.

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25 minutes ago, frederico said:

Yeah, they've decided this is the best it's going to get so might as well try and normalise (the USA though). Everyone else knows they're toast if they don't.

Carnage will just follow to save face he's a follower not a leader.

When?

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It certainly looks like they're going to try.

The only fly in the ointment is that the BIS came out strongly in favour and the central bankers who make up its membership always do the opposite of what they say. All the other signs say life on leverage is about to get a lot less comfortable, finally.

In the longer term I'm seeing more chatter about moving away from inflation targeting.

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Bit of a wobble on the Nadsack today. Hopefully, a portent of things to come.

Edit: Did someone get wind of the next iphone price? :blink:

Quote
By Rachel Gunter  | Jun 29, 2017 12:05 pm EDT

A significantly more expensive iPhone

How much will Apple (AAPL) charge for the next iPhone? Apple’s CEO, Tim Cook, knows the answer but as usual, outsiders are in the dark and can only turn to speculation. Industry observers believe the next iPhone could be called the iPhone 8, iPhone 10, iPhone X, or iPhone Pro.

Analysts at Goldman Sachs (GS) recently weighed in on the next iPhone issue, claiming that Apple would price the entry-level iPhone 8, as they call it, at $1,000. At that price, a customer could take home a 128 GB storage device. The 256 GB model could start at $1,100.

These prices imply the basic iPhone 8 would be almost $130 more expensive than the most expensive iPhone on the market today.

 

Edited by zugzwang

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18 minutes ago, zugzwang said:

Bit of a wobble on the Nadsack today. Hopefully, a portent of things to come.

Edit: Did someone get wind of the next iphone price? :blink:

 

Its just a ******ing £100 smart phone :lol: ...its one messed up world

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Higher rates and tightening policy is coming sooner than people think. They cannot keep such extraordinary systems in places. The crash was a decade ago and so they will begin pulling the plug on qe and upping rates. Once the fed does it then it forces everyone elses hand. Our policy will be tightened before the end of the year. It is obvious 

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1 hour ago, rantnrave said:

It's been 9 years and 11 months since the last interest rate rise in the UK. Big milestone coming up.

It's worth noting that for half of that time savings rates were reasonable, despite ultra low official bank rates. It took FLS (Introduced in July 2012) to change that. 

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Growth and inflation expectations have been fading all year (hence rising bonds/Nasdaq, flatter yield curve) with markets now very crowded in that trade (see CTFC data). Recent comments from Draghi/Carney re higher inflation in the second half plus some slightly stronger global data and you have a big unwind in progress (many people/small exit door). Could get out of hand quickly if growth expectations increase sharply on the back of further better data.

Likely means higher UK 5yr rates for the rest of the year and hence higher mortgage rates coming soon. 

 

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...blar blar blar...did they say something...?

 

"Haldane says future rate rises would be "limited and gradual"

The Bank of England's chief economist Andy Haldane has told BBC Newsnight that British people were feeling "frustrated and squeezed" because their pay has flatlined for a decade. Lack of pay growth is "a factor that has contributed to rates in the UK remaining at their currently very low levels", he said, adding that pay growth would be an indicator the Bank would look out for when considering rate rises. But he said any change to the record low rates would be "gradual and to a limited extent". Mr Haldane earlier told BBC Wales that the Bank needed to seriously consider raising rates to dampen cost of living increases. "

____________

The Daily Telegraph   BBC News

 

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42 minutes ago, Wayward said:

...blar blar blar...did they say something...?

 

"Haldane says future rate rises would be "limited and gradual"

The Bank of England's chief economist Andy Haldane has told BBC Newsnight that British people were feeling "frustrated and squeezed" because their pay has flatlined for a decade. Lack of pay growth is "a factor that has contributed to rates in the UK remaining at their currently very low levels", he said, adding that pay growth would be an indicator the Bank would look out for when considering rate rises. But he said any change to the record low rates would be "gradual and to a limited extent". Mr Haldane earlier told BBC Wales that the Bank needed to seriously consider raising rates to dampen cost of living increases. "

____________

The Daily Telegraph   BBC News

 

So, the clever idea of trashing the pound to boost exports has failed.

Wow!

Maybe thats because so few working age people work in the productive, export sector.

The majority -of UK workers are either in the public sector or some tax-credit make work scheme.

Of those very few working in the export sector, all the pounds fall has done has made the stuff they imprkt a lot more expensive. The price of UK labour has little effect on UK exports, as its so efficient now. Mainly as its had to restructure over the last 20/30 years to compete - unlike he UK public sector and finance.

 

 

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10 hours ago, TheCountOfNowhere said:

Its just a ******ing £100 smart phone :lol: ...its one messed up world

Forget Lotto, Apple prices are the real 'idiot tax'. Android devices get better and cheaper by the day (low price offerings are now 100x better than they were 5 years ago) and the prices keep going down in a highly competitive market. Meanwhile Apple & 'Premium' 'droids are just going up.

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37 minutes ago, Northern Welsh Midlander said:

Forget Lotto, Apple prices are the real 'idiot tax'. Android devices get better and cheaper by the day (low price offerings are now 100x better than they were 5 years ago) and the prices keep going down in a highly competitive market. Meanwhile Apple & 'Premium' 'droids are just going up.

Still pretending to be part of the sixties' anti-establishment counter-culture but in fact every bit as sinister and ruthless as Google, Amazon or Facebook.

http://www.theregister.co.uk/2015/08/07/another_death_apple_assembly_plant/

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