As markets digest the confusing signals from the Fed and PBOC, uncertainty reigns.
Bubble busting the Chinese financial system is very much necessary and healthy.
The U.S. central bank must prepare the market for some flexibility in policy and reassure the market at the same time.
The stock market reacts more to public companies' earnings outlook than any Fed 'tapering' talk. If the earnings outlook turns grim, the stock market goes down.
Japanese government bonds hold the key to whether the economic agenda of Japanese Prime Minister Shinzo Abe succeeds or fails.
Bernanke's taper talk is his attempt at managing the bubble: The Fed is riding a tiger: thrilling until you try to get off.
Everything in the financial world since shortly after QE3 has everything to do with either Japan, China or Europe and nothing to do with the almighty Fed.
What happens to the value of currency in a region where only inflow is allowed?
We need to push risk back to the banks.
Crisis perfectly illustrates euro experiment lunacy.