Friday, January 29, 2016

High Yield [Junk] Bonds are a leading indicator of equity market returns, unless a Central Bank panics and manipulates global financial markets, again

Nikkei jumps after BOJ’s rate surprise; China stocks gain

Guess what?

Global financial markets are rigged
by Central Banks moving short term interest rates 
and electronically printing money to manipulate long term rates

Bernanke says Fed likely to add negative interest rates to recession-fighting tool kit

Japan's Central bank buys stocks with pretend money
and the other Central Banks don't mind
as they are doing the same only different

Japan goes negative! 

The longer the markets are rigged like this, 
the worse the hangover after the high

Bank of Japan surprises with negative interest rate

Our nation's financial industry and top 10%
are for more cowbell, and then some more
until every last dime they can take from the bottom 90%
is in their pockets.

This greatest theft of all time
has been enabled by a compliant media industry
whose upper ranks are reaping benefits from the same set of circumstances
who don't tell the public what they should know