It is the 3rd of April 2020

News

"This Is The Capitulation Phase" - Why Treasury Yields Are About To Really Plunge

While mom and pop investors and BTFDers (if not so much hedge and mutual funds and other "smart money") have been delighted by the latest V-shaped surge in stocks, it has come as we have repeatedly shown...

Read More

The IMF Tells Japan: Abenomics Is A Miserable Failure, Recommends "Forcing Companies To Raise Wages.. Or Else!"

For those confused as to whether or not Abenomics was working, all one has to do is glance at the recent export data released by the Ministry of Finance for confirmation that it's been a complete disaster.

Read More

"It's A Seismic Shift" - Japan's Biggest Bank To Quit As JGB Primary Dealer

Ever since the launch of Japan's QE, and worsening in the aftermath of January's shocking NIRP announcement, Japan's bond market, which moments ago slid to new record lows yields across the curve, has had its share of near-death experiences: between repeated VaR shocks, to days in which not a single bond was traded, to trillions in bonds with negative yields, it has seemed that the Japanese Government Bond is on life support. That support may be ending.

Read More

Abenomics "Death Cross" Strikes As Japan PMI Plunges To 40-Month Lows

Since Abenomics was unleashed on the world (with QQE starting in April 2013), things have not worked out as the smartest men in the Japanese rooms predicted. In fact, with April's final manufacturing PMI printing at 47.7, operating conditions in Japan worsened at the sharpest pace in 40 months... since Abe began his three arrows. Output tumbled at the fastest pace in 25 months and new orders are the worst since Jan 2013. This is the death cross for Abenomics...

Read More

Featured Apps