GZ-Consulting-Börsenblog

Gold & Silver Monkeyhammered Below Critical Support On Massive Volume | Zero Hedge https://www.zerohedge.com/news/2018-06-15/gold-plunges-most-trumps-election-6-mo-lows It's nearly impossible to understand the complete insane behaviour in the market. And it's not only precious metals that again are in a sell-off, crypto currencies are as well in sell off modus. Up and down as well in equity markets and in bonds. Glencore, the world's biggest commodity trader lost just today 6,5% from its Intraday high at 4,05 bp. Glencore surely lost by the sell off in precious metals but nowadays big moves,  up or down in stocks are not seldom. The likelihood that stocks are flying higher by 10%-15% or even more after good quaterly reports is very high.  And the opposite if figures are not in line with expectarions. This is due to robot trades and once again the lack of liquidity. However both are a high risk for equity markets. Furthermore todays trading behaviour...

Emerging Markets Massacred As Dovish Draghi Sends Dollar Soaring https://www.zerohedge.com/news/2018-06-14/emerging-markets-massacred-dovish-draghi-sends-dollar-soaring ECB left interest rates unchanged at 0% on record low but will stop QE buying program by the end of 2018. Furthermore it will reduce its buying program starting September by 50% to €15 Billion per month. Following those news the Dax jumped by 2% to 13150, and so did the Nasdaq (+1,1%) and S&P (+0,3%) as well, while the Dow Jones closed 25 points lower at 25175. Precious metals closed as well higher, Gold just 0,25% in $1302 and Silver by 0,75% on $17,77/Oz. But the Euro declined on that news by more then 3 Cents vs. the Dollar, its biggest loss since Brexit, causing a bloodbath for Emerging Markets countries. Argentina's Peso lost already 96,5% since the the countries default in 2001. And so did other EM countries as well such the likes of Mexican Peso or Turkish Lira. Crypto currencies closed higher by...

EZB BEENDET QE KAUFPROGRAMM PER ENDE 2018 - DAX WIEDER ÜBER 13000 - BACK TO BULLISH Nachdem der DAX heute morgen erneut auf 12812 nachgab schießt er nur wenige Minuten nach der EZB Aussage, das Anleihekaufprogramm QE per Ende dess Jahres auslaufen zu lassen, wieder hoch auf aktuell 13010 Punkte. Damit beendet die EZB nach den USA ihr Kaufprogramm um zur Normalität zurückzukehren. Zusätzlich gab Draghi bekannt, man reduziere ab September das aktuelle Kaufprogramm von derzeit 30 Milliarden Euro monatlich auf 15 Milliarden Euro monatlich. Ein Zeichen des Vertrauens in die deutlich stärker laufende Wirtschaft in der EU. Aber es ist ohnehin längst an der Zeit auszusteigen, bedenkt man, welche gigantischen Summen die Notenbanken weltweit in den letzten 10 Jahren in die Märkte gepumpt haben - Insgesamt über $20 Billionen.  Gelder die man in Anleihen und andere Wertpapiere investierte. Und nun sitzen sie auf gigantischen Portfolios in ihren Bilanzen von zu...

FED HIKED RATES AS EXPECTED BY 0,25% TO 1,75%-2,00% - TWO MORE HIKES IN 2018  - CRYPTO CRASH GOES ON  The FED did exactly what was already expected, but signalled two more hikes in 2018 instead of 1 following strong economy numbers. Just today producer price index jumped to its highest since 2011 proving that inflation is still here contrarian to what officially is announced. But what everyone scares the most is the inverted yield curve. The yield curve refers to the relationship between short and long term interest rates of fixed income securities. And the inverted yield curve occurs when short term interest rates exceed long term interest rates. However an inverted yield curve is usually to be followed by an recession.   The curve signals that the economy outlook on the long run is everything but good, while the short term outlook is strong so therefore long term interest rates will remain flat or even fall further while the short term interest rates...

von   Guido Zimmermann • 11 Jun, 2018 Italien wird zu einem ernstzunehmenden Problem für die EU. Die weiterhin unklare politische Lage im Land, sowie die grossen Pläne der neuen Regierung sind wohl kaum finanzierbar. Das Land ist einerseits mit 132% am BIP (Brutto Inlandsprodukt) verschuldet und weist andererseits mit 350 Milliarden Euro an faulen Krediten in den Banken, ein sehr ernstes Problem aus. Sind das doch immerhin 18% der jährlichen Wirtschaftsleistung des Landes. Ein weiteres nicht zu vernachlässigendes Problem ist das Target2 Defizit Italiens gegenüber anderen europäischen Ländern. Dieses Defizit beläuft sich mittlerweile auf über-465 Milliarden Euro - ein neuer Rekord. Target2 steht für das gesamteuropäische Clearingsystem. Über dieses System haben insbesondere südeuropäische Länder, Waren im Gegenwert von etlichen Milliarden Euro bezogen, ohne auch nur einen Euro dafür zu bezahlen. Target2 lässt erklärt sich wie folgt. Wenn Deutschland Waren ...

US HOUSEHOLD DEBTS UP BY 132% SINCE 2000 AND THE ITALIAN PROBLEM FOR THE EU https://www.zerohedge.com/news/2018-06-09/visualizing-how-american-household-finances-are-changing   Sometimes I wonder how they got their numbers, here they mentioned Student loans are at $1,41 trillion, but indeed the number is much higher at $1,536 trillion and the overall personal debt is at 18,954 trillion, and this number is up by 132% ever since 2000. However both numbers show that the peak is already reached and the days are numbered until it will collapse.  However if it comes to that day, the house of cards will collapse and with it everything else will start to struggle following the domino effect. Due to the nature of the panic mode. And this time we do have a lot more severe bubbles all around the world that are to burst soon. Contrarian to there times in 2008. But as long as nobody knows the time when it comes to that reaction, stay in stocks, even thought volatility will re...

THE CALM BEFORE THE STORM Q1 share buyback programs hit all-time high - World´s biggest Hedge Fund turned bearish on all assets https://www.zerohedge.com/news/2018-06-05/it-time-start-worrying-about-chinas-debt-default-avalanche https://www.zerohedge.com/news/2018-06-05/q1-results-are-and-spending-share-buybacks-hits-all-time-high https://www.zerohedge.com/news/2018-06-05/smart-moneys-bailing-market-complacency-surges Read it carefully it describes the market behaviour at its best. As already mentioned the tax program by Trump will surely not bring the long desired effect. It only brings more pain since companies only use the readymade advantage to make full use of the newly buying power and hit share buyback programs to an all-time high. However things are going completely nuts. Italian yields again show a sharp increase following a fresh sell-off in Italian government bonds. It seems it goes on and on and never ever something will really turn down equ...