/biz/ - Business & Finance

>>30429389
market moving like this, won't be long until they realize what's going down

>>30274572
YCC is bullish for everything except cash because it pumps up the bond market, causing yields to go down. When yields go down, holding bonds and cash becomes unattractive because of inflation -- right now you actually LOSE money by holding bonds because inflation is higher than the yield. Or in other words right now there is a negative real yield in bonds. And so bonds are being sold out en masse. When bonds are sold their price goes down and the yield goes up.

As the real yield goes up, risk assets become unattractive meaning pretty much everything will dump because all assets are overvalued due to huge overleveraging. When real yields go positive we will see sell-offs in gold too because gold and bonds are competing safe havens, see picrel.

>>30202632
don't be in a hurry, BHS is slowly moving down today. But have cash ready at 19.00 GMT, that's when Powell will speak.
>>30202692
Bonds are traditionally a competing safe haven to gold though, see picrel -- gold and yields move inversely to one another. I agree on the Mannarino point, he is clearly wrong.