JPM Explains Why everything Is Dumping: “The Market Has A BOJ Problem”, VaR Shock Returns

by Tyler Durden
ZeroHedge.com
Sep 13, 2016

Last Thursday, in “Brace For “VaR Shock” – How The Bank Of Japan May Be About To Unleash A Global Selloff” we explained that the catalyst for the next market crash may be an unexpected one: the Bank of Japan and its clueless, “Peter Panish” head Haruhiko Kuroda. We urge readers to reread the article, because moments ago JPM’s trading desk admitted that the reason for Friday’s selloff was not fears about the Fed, and not the Lael Brainard “hawkish turn” risk, as the “dovish Brainard” Monday gains have been wiped out today, but, drumroll, the Bank of Japan.

The Rest…HERE

This entry was posted on Tuesday, September 13th, 2016 at 12:57 pm and is filed under Conspiracy, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.