World economy talk

[Monseratto]

For First Time in 150 Years, World's Benchmark Bond Is Sub-1%

[uls]

Feb 22


Feb 27


Today

[Athrunzala]

wala pa recession nag cut ng 50bps

when the recession comes they got 2 more cuts (50 each) left

mag negative rates na din sila + massive QE

anong original title ng thread na ito tidus?

get out of the US dollar

As a forex trader, no need to wait for a recession before you give a rate cut, all you need to do is to take a look at the economic indicators like PMI, Housing, Trade etc before you make your move

[uls]

As a forex trader, no need to wait for a recession before you give a rate cut, all you need to do is to take a look at the economic indicators like PMI, Housing, Trade etc before you make your move

well hasn't the Fed already cut rates several times in 2019?

aside from stopping balance sheet reduction which they said was on autopilot

this 50bps rate cut was a panic cut

before making decisions they always wait for more data but they didn't wait for data this time

[uls]

point is they don't have a lot of ammo left

before the 2008 global financial crisis the Fed funds rate was at 5%

they had room to cut

this time they're already close to zero wala pa recession

[tidus1203]

The February non-farm payrolls this Friday is going to be interesting... Or did the Fed already had advance knowledge its going to suck hehehehe

February is where COVID-19 really took effect on the global economy.

[Athrunzala]

point is they don't have a lot of ammo left

before the 2008 global financial the Fed funds rate was at 5%

they had room to cut

this time they're already close to zero wala pa recession

ok lang yan may 1.25% pa ang US Central Bank Rate lol

e ang Euro nga sobrang grabe at 0% , tapos Yen at -0.10%. Quantitative Easing na lang ang mga bala nila lol

[uls]

baka this time mag negative rate na din sila tulad ng ECB, BOJ

aside from massive QE

si Trump pa... ibubully niya ang Fed mag negative

inggitero yan

[Monseratto]

Los Angeles port, country's biggest, hit hard by coronavirus : Bilyonaryo

“In summation, for our port community, less cargo means fewer jobs,” Seroka said, adding that some dock workers had been asked to stay home because there is not enough work.

“It is our estimation that the effects of the coronavirus and the downturn in trade will cost us tens of billions of dollars in the industry when all is said and done,” he warned. “The issue today is that empty containers, perishable commodities and agricultural products are stacking up at our ports because of those vessel sailing cancellations.

[BlancNoir]

Futures are in the red again 25 mins before open

Sent from my SM-N960F using Tapatalk

[uls]

[tidus1203]

PSEi down more than 5% to open. COVID is finally here and panic is all around us.

[uls]

US10Y treasury yield keeps falling narrowing the spread between US-German 10Y

less incentive to hold USD and everybody knows the Fed is going to zero

so....

[tidus1203]

US10Y treasury yield keeps falling narrowing the spread between US-German 10Y

less incentive to hold USD and everybody knows the Fed is going to zero

so....

Yen is KING! 102.35 damn grabe lalim ng bagsak USDJPY...

[uls]

yes

dollar index

[Monseratto]

Paki translate... hehehe

Sovereign Bond Yield Collapse Shows the World Is in Crisis Mode

[uls]

because in fear mode, you no longer care about return on capital

you care about return OF capital (capital preservation)

kumbaga ung 100 invested mo di bale 100 parin mabalik sayo (wala kita) kesa 60 nalang or 40 or 20

kaya ngayon sa govt bonds pumupunta ang pera kasi they're most likely to preserve your capital

kahit 0% interest

kahit negative 0.01 (you get 99 back parin)

see US 10Y yield historical chart... behold

[uls]

pero corporate bonds...

specially the riskier ones

i wouldn't touch

pag humina ang economy mahirapan sila mag bayad ng utang

[Monseratto]

U.S. Credit Market Fear Gauge Surges Most Since Lehman

[Monseratto]

Stocks are set to plunge following massive sell-offs around the globe Monday as coronavirus fears intensify. Stock market futures were halted for volatility but ETFs that track the S&P 500 and other key indexes are down more than 7% in premarket trading. Bond yields continue to fall, with the US 10-year Treasury now hovering around 0.43%. Gold prices rose though, hitting a 7-year high. The yellow metal often rallies when investors are scared.