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What market moves to expect depending on the Fed and BOJ announcements

Cory
September 19, 2016

Doc and I shift our focus today away from the daily charts and look ahead to the potential market impact of the upcoming BOJ and Fed announcements this week. While it would seem obvious which way the markets move depending on what the Fed does when we look back to December of 2015 when the Fed hiked this is not the case. We also touch on the situation in Europe with Deutsche Bank and other “shadow banks”.

Click download link to listen on this device: Download Show

Discussion
27 Comments
    Sep 19, 2016 19:52 AM

    I would like to see The FED state that it’s member banks could no longer borrow money for the purpose of maintaining speculative loans. Somewhere at sometime they have to take a stand against banks speculating. DT

    CFS
    Sep 19, 2016 19:30 PM

    Rick Rule on Palisade Radio
    http://palisaderadio.com/

    Worth listening to (although perhaps talking his book)

    Sep 19, 2016 19:37 PM

    Hi Doc, do you still like NAT and PPP? They have had a rough summer. Maybe they’ll come back like the Wolverines…

      Sep 19, 2016 19:24 PM

      Bonzo, I like NAT but an looking for a better entry price. I also like their sister company NAO but am again waiting for a lower price. PPP is dead money for a long time unless they come out with some significant news.

    Sep 19, 2016 19:16 PM

    Ann Barnhart @ jsmineset

      Sep 19, 2016 19:25 PM

      Comments about Trump being in bed with Hilly,at 37 min mark

        Sep 19, 2016 19:27 PM

        Trump all about building “his” brand

        LPG
        Sep 19, 2016 19:30 PM

        Jerry,
        I suspect there’s no risk for the Donald: the rumor is, she prefers women.
        😉
        LPG

          Sep 19, 2016 19:49 PM

          Good one LPG , .. 🙂
          Hope all is well on your side world!

            Sep 19, 2016 19:51 PM

            Of the world …(this phone is junk)

            LPG
            Sep 19, 2016 19:27 PM

            All’s good Jerry, thanks for checking.
            Hope the same for you and yours.
            Best as always,
            LPG

          Sep 19, 2016 19:23 PM

          LPG is right about Hillary. Bill’s lovers in Arkansas called Hillary a lumpy, hairy-toed lesbian, based on what Bill told them. HRC seems awfully close to Huma Abedin.

            Sep 19, 2016 19:33 PM

            I should have used a different word ,than “bed”,… …scheme together to get Hillary elected

      Sep 19, 2016 19:29 PM

      Ann Barnhardt Interview – Uploaded on Sep 17, 2016

      Bill Holter and Jim Sinclair interviewed Ann Barnhardt, topics include the complete loss of the rule of law, virtual markets that do not discover price, the upcoming election which Ann calls the equivalent of “pro wrestling”, and her take on Islam as a political system rather than a religion. Don’t miss this one!

      https://www.youtube.com/watch?v=SkQx_OKnSxQ&feature=youtu.be

    Sep 19, 2016 19:45 PM

    Anybody heard from Obama on these attacks..missing in action..what a leader

    Sep 19, 2016 19:20 PM

    Trump implements 15% tax and stops war.
    Hillary raises taxes and starts war.

    Any questions??

      Sep 19, 2016 19:25 PM

      Ann B…..is saying,Trump throws the election, to build his brand…

        Sep 19, 2016 19:24 PM

        Ann Barnhart..@ jsmineset

    Sep 19, 2016 19:08 PM

    Ann BS..?

    Sep 19, 2016 19:04 PM

    I listened. She was right about the rigged system, which is almost cooked. She’s completely wrong about Trump and what’s going to happen. She’s doom and gloom for the future, and that’s just not the truth about what’s really going on.
    But it was a good listen, thanks.

    Sep 19, 2016 19:04 PM

    If DB went up – even wobbled – the global financial system would go into meltdown.

    Merkel has loaded Germany up with billions of debt extra for every year to come due to her migrant madness (I think her plan was to destroy the UK by flooding the UK with 2 million migrants.) so it will be interesting to see where the money comes from to save DB. They simply do not have the money.

    But they can keep spinning the DB plates for a few years longer I guess.

      Sep 19, 2016 19:04 PM

      The Italian PM has been telling anyone who listens about the dangers from DB.

        Sep 20, 2016 20:20 AM

        This all reminds me of the months leading up to Lehman. Everyone knew it was coming but then BOOM (it happened) and so many were not actually prepared or had not taken any steps to avoid the risk.

        But personally, I have little doubt DB will spring a leak. Whether it takes down the European financial system in the debacle that follows is of course much speculated on but still not known. Any number of things could happen instead such as the ECB doing what they say they won’t and liquefying the problem away.

        I kind of doubt it though. My feeling is that we are going to get our debt jubilee meaning the defaults start and the chips fall where they may. These intervening years since Lehman were just the obvious opportunity for everyone who was paying attention to get prepared.

        So no crying later when the wheels fall off the bus.

    Sep 20, 2016 20:21 AM

    There was a decline in short term interest rates from a high over a week ago in the $IRX, and moving average crossover of the 13 and 34- week EMA appears a layup, precluding any rate hike contemplated for September. Still very uncertain as to why rates had advanced to such an extent at the short end of the curve unless this is an inverted yield curve of US short term yields against negative rates in the Eurozone and Japan.

    http://bit.ly/2cQbjpe

    Sep 20, 2016 20:26 AM

    Bird,
    If you’ve noticed, every central bank in every country has taken over the pension paper that the banks like DB ” used to hold “. That tells me they are about to let the derivative paper go bye bye…
    At least they saved the pension bonds. The CBs did the right thing? Hmm

    Sep 20, 2016 20:49 AM

    The perfect storm.
    Derivative regulations tighten on Sept 1st.
    Central banks remove pension paper from the banks.
    The FED raises rates causing margin calls.
    Oil drops causing margin calls.
    Metals drop causing margin calls.

    The fundamentals and charts are saying, clear out!