Home > Oct 2017 > Oct 26, 2017 ECB and the QE mess they made

Oct 26, 2017 ECB and the QE mess they made

October 26th, 2017

Today we should learn details on how “We will do everything” Mario will try to start to decrease the QE experiment without pushing up the Euro. It is expected  the ECB will extend QE by 30 billion euros per month for 9 months, offsetting less QE with stronger forward guidance on rates. Futures in the Second Hour of the European Session are FLAT as we wait for the ECB meeting. Shanghai Futures had copper trying to rally but closed down. There is talk that the PBoC will add liquidity on Friday through Reverse Repros, but even with that floating around, it didn’t rally up.

Oct 2017

  • Trading_Nymph
  • Trading_Nymph
  • panther341

    Hi TN – so yesterday I experimented with plumbing repair. LOL Today I will be waiting for the plumber. I actually replaced the stuff inside the toilet tank and it works fine. But the little line between the wall and the tank is leaking and ….

  • panther341

    My other time consuming deal lately: did I tell you about the whole diet issues? It is a 3 or 4 month (or year) detective story … so am now on this “anti-fungal” diet which includes bone broth. I had been resisting the bone broth in part because it is so popular and sells for like $6.00 for a quart and listening to the peeps on the internet it is like the cure for everything from toenail fungus to ….. So I finally added in the bone broth from some store bought stuff, and either it helped or all the other stuff I had been doing kicked in. Now I am simmering my own pot of bone broth on the stove. This current batch is batch number 3 and I am in the true believers camp. If nothing else – it just tastes good. And can’t be a bad thing to have around through the winter!

    I have actually become such a convert I am now trying to talk my sister into doing a scaled down version – she can’t deal with heavy pots and whatever – but she could make small amounts at a time. She needs to heal her gut from all these antibiotics, plus build up her immune system.

    The good news for my sister – they are now about 90% sure they know what is causing her infections issue. She got a new brace in January 2016. She has insurance issues going on and won’t be able to get another new brace until starting in January 2018 – which means February before she gets it. She needs to keep well until then.

  • panther341
  • panther341

    JCP – under 3.00. Yikes!

  • panther341

    dollar higher alot after ECB yesterday. Euro is down of course.

  • panther341

    NFLX bonds are rated junk. I didn’t realize. Makes sense. Anyway the ones they just issued are already underwater. LOL http://www.marketwatch.com/story/netflixs-new-junk-bonds-are-already-trading-under-par-2017-10-26