SocGen: “The Market, Today, Is Clearly Hoping The Authorities Will Step In”
by Tyler Durden
ZeroHedge.com
02/15/2016
“With the introduction of negative rates and the subsequent rise in the Yen, are the Japanese authorities, once again, about to snatch defeat from the jaws of victory, as has happened so many times in the past? The market, today, is clearly hoping the authorities will step in…. whilst QE typically pushed investors out of bonds into riskier assets, negative interest rates could potentially do the exact opposite. ”
The Rest…HERE
