The entire central bank cabal literally can't go a day without intervention or threatening to intervene and jawbone and give speeches to do the same. – Investment Watch
This is how fragile the foundation of this monetary bubble is. There's always intervention somewhere:t.co/DXv5YFRbKT Brazil inflation tops 5% in February for the first time in 4 years, higher than expected and almost certainly setting seal on rate hike next week. Only question now may be whether it is 50 bps or 75 bps. pic.twitter.com/kFA1QtUVVv Lagarde surprises bond and equity markets with stepped up purchases of of bonds. The 10-year bunds drop to –0.36% yield. Wait a darn minute. How do you call that a yield? How do you call those markets? Call me silly but I think they're rigged! No. R...
Source: investmentwatchblog.com