Thursday, July 28, 2016

Big Bank of Japan Decision coming called Overt Monetary Financing "OMF"

*****Bank of Japan takes a lesson from Ben Bernanke*****

From QE to OMF

The Bank of Japan could make or break the world markets tonight:

Or is the move already priced in by the algorithms?

http://www.cbsnews.com/news/world-shares-mixed-as-investors-await-bank-of-japan-decision/

http://www.marketwatch.com/story/asian-markets-fall-ahead-of-bank-of-japan-meeting-2016-07-27 

http://www.afr.com/markets/currencies/yen-seen-at-risk-if-bank-of-japan-disappoints-20160728-gqg7xz 
 
The MMT TRADERS are very insightful and are watching the world economic system being reinvented.  But they have the best track record of all the traders:

http://bilbo.economicoutlook.net/blog/?p=34071

http://mikenormaneconomics.blogspot.com/2016/07/bill-mitchell-overt-monetary-financing.html 

The News UNIT has been watching this for some time now:

http://thenewsunit.blogspot.com/2016/07/japan-consults-ben-bernanke-over-100.html

http://thenewsunit.blogspot.com/2016/07/bankrupt-world-banks-continue-to.html 


Mike Norman is excited about this Bank of Japan decision.  He expects the JPY to tank or rally and markets to soar much higher or crash lower.  It will be amazing!  :-)

What does he really expect?  He really doesn't know either:
 

...developing...