The harder it is to change your life, the bigger your destiny.
Archives of “February 14, 2022” day
rssMotivation vs Discipline
Why don’t we start a war with the most number of commodities in backwardation?
REDUX 1987? If this isn’t a bearish set up – what is?
…NB we can’t get -20% in a day due to circuit breaks..but half as much in a week highly possible. Fundamental similarity with 1987 – delayed response to higher real Yields. Ref Seigal ’87 below
BREAKING :G7 finance ministers say prepared to impose economic, financial sanctions on Russia
- In the event that there is any further military aggression by Russia, it will be met with a swift, coordinated, forceful response
- Prepared to collectively impose economic, financial sanctions which will have massive and immediate consequences on Russian economy
Some big talk being put out here but again, it remains to be seen what sort of sanctions these may involve. If it is anything to do with oil and gas, it’s pretty a much a double-edged sword for Europe as they are reliant on Russia’s supply. Only time will tell how this will all play out but such a strong statement will just continue to keep tensions high and uncertainty even higher.
THEORY VS PRACTICE IN THE STOCK MARKET
THE MINDSET OF A SUCCESSFUL STOCK TRADER
BoJ will conduct an unlimited bond buying operation today
The BOJ operation today will come with the Japan 10yr yield approaching 0.25%. This is seen as very much the upper-limit of the BoJ’s tolerance.
The Bank of Japan target for the 10 year JGB yield is circa 0%
- Will aim to enforce the Bank’s Yield Curve Control target.
Fed’s Bullard and ECB’s Lagarde are on the speaking agenda for Monday 14 February 2022
St. Louis Federal Reserve President James Bullard will be speaking in an interview with CNBC from 8.30 am US ET (1330 GMT).
Most recently from Mr. B:
President of the European Central Bank Christine Lagarde has a very busy Monday ahead:
- from 1600 GMT speaking in the European parliament on various topics.
And, recently from Lagarde:
- says hiking rates would not solve current problems
Iranian official said nuclear talks becoming “more difficult” as West powers “pretends”
Reuters convey to comments made in a Tweet :
- “The work of Iranian negotiators towards progress is becoming more difficult every moment…while Western parties ‘pretend’ to come up with initiatives to avoid their commitments,”
from Ali Shamkhani, secretary of Iran’s Supreme National Security Council
Oil gets a bit of volatility from reports out of the nuke talks with Iran. Traders perceive that if the talks go well it’ll bring Iranian oil back to the market (in time, of course). And vice-versa.
