Thursday, 19 December 2013

Thursday 19th December

good market revision

Wolf repeat in the Irish
Why Abenomics is bound to disappoint Japan

Morning MoneyBeat Asia: Fed’s Sweet Taper May Give Asia a Toothache

A Professional Preps for the End of QE
You may think of this as the end of QE but many of us, those with multi-decade time horizons and big dreams for the future, will instead be thinking of this as the beginning of something else. Just as T.S. Eliot would along with all the other bright-eyed opportunists throughout history. “The end is where we start from.”
The bottom line is that the current zero interest rate policy (ZIRP) and the various quantitative easings will be dismantled and undone as slowly and deliberately as they were put on. We’ll not be thrown down face-first atop a wooden table, ravished and thrusted upon by coarse soldiers as a sentry guards the door. No, after all this time I believe that our corset shall be untied gingerly and with care, our hips caressed and our neck dappled with an archipelago of gentle kisses. Bernanke is nothing if not a patient lover, subtle almost to a fault.

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