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venzen commented Aug 20, 2013Capital outflows, yes. Over-endebted consumers, yes. Slumping equities, yes. But Asia's growth forecast is still 6.9 despite an IMF outlook cut. Strong domestic economies are what will see Asia through since it has none of the brick walls that face ...
Capital Flowing Back to Advanced Economies as Asia Markets Slump
- venzen commented Aug 18, 2013
i agree. corruption is a growth killer. thinking about the systemic or cultural origin of corruption is also interesting because it shows that the people (who are either kicking back in false security or are preoccupied running the work/survival ...
Everbright trading error adds to China broker's woes
- venzen commented Aug 18, 2013
exactly. As I understand it the state IS a brokerage staffed by (at best) buddies or (at worst) families who authorize one another to access mutually agreed fiscal budgets and use their political leverage to procure business deals to spend these ...
Everbright trading error adds to China broker's woes
- venzen replied Aug 18, 2013
PA is currently converging in a triangle and the breakout could go either way. And both ways could be a fakeout! . I still favour extensive downside, but there may be further upside (or prolonged sideways action) before we see EJ turn down. image
Elliott wave outlook
- venzen replied Aug 17, 2013
thanks PT
having looked at various XAU charts today I believe it is topping...EurAnalysis
- venzen replied Aug 17, 2013
and yesterday the 10Y yield shot above 2.8% thereby leaving the previous 2.75% "holy crap!" threshold in the dust... i suspect the Fed Chairman is making a round of sweaty-palmed phone calls right now. BTW, does anyone know of a way to convince my ...
EurAnalysis
- venzen replied Aug 17, 2013
bet you the households are happy to hear that! from ZH - Fed Assets are shown inverted. nice: image
EurAnalysis
- venzen commented Aug 16, 2013
@sidhujag, surely thou art jesting? @Kong, when i was a kid i sat on the beach and saw a man prepping to go out wave-kayaking. Wetsuit, sunblock, oiling his kayak. As he marched into the surf I noticed the kayak had a waterdrain with the lid ...
Odds on the trigger for next financial collapse
- venzen commented Aug 16, 2013
o ye of little faith - that h&s is playing out right now. marc is not cnn - you have to know who to get your trustworthy signals from, guys...
Head and Shoulders in S&P 500?
- venzen commented Aug 16, 2013
musings about the ludicrous extent of Fed shenanigans is best summarised by a comment from a ZH member who says we "have not yet had that collective moment where we understand this is permanent." He illustrates the point with a quote from a 2009 WSJ ...
The Fed's "2016" Problem, Or Why The Taper (Non) Announcement May Just Be A Sideshow
- venzen commented Aug 16, 2013
hey! i didn't know Yul Brinner changed his name to Mark Mobius! way cool... seriously tho', i bet his friends call him Eminem: "Hey, this is Ben calling. So, what's happening in the Emerging Markets, Eminem?"
Mobius on ‘Fed chief’ Summers: The real surprise
- venzen replied Aug 16, 2013
Did some homework and have reason to believe that an XAU/USD target around 1,400 is likely. My chart below shows 3 counts and to be honest the one that "feels" best is the red Alt count. This count assumes the current rise is a corrective rally ...
EurAnalysis
- venzen replied Aug 15, 2013
lots of unexpecteds today - that gold trade (up) made my day since I was losing badly trying to get in gold in all the wrong directions all week
EU finally paid out - and thanks to this thread for the fine analysis had been planning a massive Yen ...EurAnalysis
- venzen replied Aug 15, 2013
after that spike down, i just had to get in. plus it's august... every contrarian sensibility i have says gold must come down soon, but that was an A-B-C (poss. wave 4) to the downside.
EurAnalysis
- venzen replied Aug 15, 2013
Hi PT and the thread. Thanks for the updates. I have a GU order dangling up there like a juicy mango just waiting to be picked! Has anyone else noticed the strong correlation between the Yen pairs, the EurUsd and Gold? I don't know if the ...
EurAnalysis
- venzen commented Aug 14, 2013
i guess my first reaction was annoyance at the fact that these guys theatrically "shout" opinions and predictions for the sake of sensation. Even the term "great rotation" is annoying because it is a mainstream media creation (like "tapering") that ...
'Great Rotation'? These are the best currency trades
- venzen commented Aug 14, 2013
except for the instances where they plainly contradict themselves, i think i disagree with almost every statement made in this article.
'Great Rotation'? These are the best currency trades
- venzen commented Aug 14, 2013
Happy Joy! Recession over! Good news from a reliable source! pity the crowd have turned negative - i'll add to my EurUsd shorts
Euro zone growth beats expectations, exits recession
- venzen commented Aug 13, 2013
bottomline: "I don't think a decision that commits the Fed to a full phase-out of asset purchases and lays out a precise, beginning-to-end path for doing so would be advisable." summary: brief history of fed actions since 2007 distinction between ...
Lockhart: Policy Actions and the Economic Outlook
- venzen commented Aug 13, 2013
ill-be-back - now isn't that just the most amazing fabrication you've read in a long time? Absolute denial - bordering on psychotic - as if the fundamental consensus is doom saying and the Fed themselves are being silly for being gravely cautious ...
End of QE could mean liftoff for stocks: Wells Capital