RBS: "TheFedIsNowResponsibleForMonetizing A Record 70% OfAllNetBondSupply" http://feedly.com/k/1fCaKeS The following statement and chart from the RBS’ Drew Brick pretty much explains it all: "QE has seen the Fed extend its dominion on the US curve away from the short-end and into longer duration paper is patent, too. On a rolling six-month average, in fact, theFedisnowresponsibleformonetizing a record 70% ofallnetsupplymeasuredin 10y equivalents. Thisrepresents a relianceontheFedthatisgreaterthaneverbeforeinhistory!" shared via … Seguir leyendo RBS: «The Fed Is Now Responsible For Monetizing A Record 70% Of All Net Bond Supply»

GoldSpikes, USD DumpsOnYellenomics http://feedly.com/k/HVRg9G After spending a day ignoring the reality of moar money printing, it seems ‘natural’ non-algo forces released Gold and it is spiking after hours. The USD is fading further, stocks soaring moarer, and treasury yields tanking… shared via http://feedly.com Seguir leyendo Gold Spikes, USD Dumps On Yellenomics

Anoilcrashisonitswayandweshould be ready http://feedly.com/k/1aGVU1n New Scientist has a rather pessimistic article by Jeremy Leggett on peak oil and related topics – Anoilcrashisonitswayandweshould be ready. FIVE years ago the world was in the grip of a financial crisis that is still reverberating around the globe. Much of the blame for that can be attributed to weaknesses in human psychology: we have a collective tendency to be … Seguir leyendo An oil crash is on its way and we should be ready

QEeenYellen’sTestimonyPreview http://feedly.com/k/1aGVPuE It would appear that much of the rally yesterday (and early overnight) was driven by hope (and confirmed relief) that Fed chair nominee Yellen is not about to take on a substantially less-dovish tone in today’stestimony in an effort to garner the support of the more hawkish elements of the Senate Banking Committee. There was a great deal of confirmation bias in the … Seguir leyendo QEeen Yellen’s Testimony Preview

WEO 2013: Anuncio de curvas peligrosas http://feedly.com/k/1a5Kc4v Queridos lectores, El 12 de Noviembre salió la edición de 2013 del World Energy Look (WEO 2013) que cada año publica la Agencia Internacional de la Energía (AIE), con su correspondiente presentación a la prensa. La mayoría de los diarios españoles han puesto el foco en aspectos banales de esta presentación, aunque algunos diarios como el Financial Times … Seguir leyendo WEO 2013: Anuncio de curvas peligrosas