You are probably right. But I will stick to the hope. Always. Like I do when in a losing trade with no stop ((:

EU Commission Raises 2021 EZ GDP Growth Forecast To 5.0% From 4.3%

Rightly so. I am not a communist or worse. But I am believer. I believe in society as an organism where we are all key components and we should all be remunerated with a fair share. Thats not what I see at the moment but I hope for it to change.

EU Commission Raises 2021 EZ GDP Growth Forecast To 5.0% From 4.3%

If these insane high levels of growth cannot bring more wealth equalization and a normalization of monetary policy something is not right.

EU Commission Raises 2021 EZ GDP Growth Forecast To 5.0% From 4.3%

Damn look at the 10yr reacting

Consumer Price Index - October 2021

Politicians and central bankers never come to the conclusion that they got it wrong. It just take longer time for markets to prove them right..but man this must hurt

Consumer Price Index - October 2021

what is normalization?

Merkel Advisers: ECB Should Communicate Normalization Strategy

its insane. I said it many times and I stick to it. Something is not right (in the usual meaning) when people are willing to lend you money and even pay for it. Its not only the govenment bond which carries a negative interest. I pay negative 0.2% ...

Bond Market Flashes Mixed Messages as Real Yields Sink Deeper

What does that mean?

Fed's Kashkari: If labor force does not return in next few qtrs, that will suggest high...

It is. Because they want increase in 2023. Thats transitory for highly educated economics but you still get 7% poorer

Producer Price Index - October 2021

Of course that is not the complete picture. I think part of the issue is that nobody (maybe not even FED) knows what they are referring to and when. They put up some targets that should be met and didnt expect that to happen and not that it is ...

Evans: Stronger labor market conditions will draw some early retirees back to work

After all central banks from US, to Australia to UK screwed the markets last week its time to recalibrate the algos ((:

Markets Await Fresh Developments

Cause there is not enough open job postings already?

Biden gets his infrastructure win and an education on a new Washington

You kind of get the idae that they have no idea what they are doing. Yesterday super dovish. Today this.

Fed's George: The argument for patience has diminished

Bond traders are taking in Powell and companys messages. They are going to let things run. There will be no rate hikes. Its all talk and no walk. They dont have the guts to do it. They have become afraid of the markets. Oh well, there may come a ...

NFP: Strong beat! But does it matter?

That toolbox is empty soon. So are peoples pockets.

Week Ahead: The Fed has no clue what it will do in 2022

Wonder what are the good reasons? They are basing it all on hopes. I met Legarde on the street in Paris the other day. I hould have told her a few words but I didnt have time.

ECB's Schnabel: I have good reasons to believe that inflation will fall noticeably next year

If the current market conditions are not sufficient to hiking rates I seriously doubt it will happen. There is always an excuse not to.

Bank Rate maintained at 0.1% - November 2021

He lost all street credit. Really. He was the one shouting and asking the markets to act. Markets factor in all kind of information I suppose, including information from central bankers. So whenever something is said market reacts. Unfortunately FED ...

BOE Gov Bailey: Market pricing for rate hikes was overdone

It was a close call. Rate maintained close to 0 with a great majority. Could they have voted for both they would. BS ((:

BOE'S Baily: rate decision 'was a very close call'

I say that because they have been nothing but talking the expectations up over the past period. Inflation and inflation and inflation. Nothing else. But in the end they didnt have the guts to pull it off. I didnt think they had and thats fair enough ...

Bank Rate maintained at 0.1% - November 2021