Stock prices plummeted such overheated quickly be rid of in 23 markets. Decline recorded the 4/17/2000 same 1426 circle 04 Sen PPS since tumbled $ 15 28 Qian Xian and decline of 11th place all-time. Update in the morning and closing price and comparable lows by 14483 ¥ 98 Sen cut YTD from 15942 JPY 60 Sen highs nearly 1,500 yen level. 25, Typically 7% that is overheating, disconnect between rates and moving averages 22 points on a 10. Were expanding 06%,-1 in 23.
Scaled down to 66%. That helped the decline is to the futures market. About dozens of orders without entering the Board of Nikkei average futures price daily, enter the large market trading dash 200-300 yen price range out the prolonged. Circuit breaker activates Nikkei average futures from 2:28 PM up to the 43 became a temporary trading suspension, but without stopping the panic selling and expanded decline. Buying puts (right to sell) warned the market plunge in the Nikkei average options market intensified, Nikkei average volatility index tumbled 58. 42% 43.
3/18/2011 East Japan after earthquake levels soared closing with a 74. Su said prices plunged ー head of Goldman, Sachs and une Hisashi of underwriter option to background cite the contrarian hedge acceleration was according to the order. A falling exchange rate forward contrarian hedge would be up for sale. Situation to Nikkei average futures by the underwriter easily swell for ーァ've been call buying ever, while underwriting their had a short position in call many, contrarian hedge "was," said. According to une's estimate, lowering the Nikkei average 1% futures each to 200-30 billion yen selling demand occurs.
Notes deployment to pull past been close down 3% 2:00 PM, 100 billion yen selling demand out and sell call up for sale was likely. But after significant level correction happened only Nikkei prone and volatile price action is short-sighted, is a medium-term hopes persisted. For bind"2% inflation target the Central Bank easing out there are United States, relaxation environment that could last awhile. Liquidity shrinks U.S. easing narrowing negative's Japan co., Ltd. for depreciation is underpinned Japan stocks. "BOJ easing continued attitude mean collapsed, stock structure unchanged.
Because negative factors coincided, quickly left the coordination falls again could try all time high is "said Chiyo and asset management & Executive operating officer, said Akino mitsushige talking. If you have written down and relieved and will be in yelled? No joy though the markets have been waiting for the past month came in. Ascent speed too soon I had about too.
Far from good market environment was the anguish no was aghast.
5/9 Sell in May and Goaway! I thought GW later have lowered.
Had stepped on so the window has opened between ¥ 13,000 and 12,000 yen close there had risen 2,000 yen.
Thought right down there.... finally gave me lower.
Long-term interest rates continuing instability at the 22nd Conference President Haruhiko Kuroda of Japan Bank "with major impact on economic activity at this stage will see no" and said that "long-term interest rates hike took effect under strong financial pressure on qualitative and quantitative monetary easing was not expected". "Conference content as expected. From the perspective of the President's difficult keep long-term interest rates there rising interest rates ", with long-term interest rates below the 1% mark since April last year.
Long-term interest rates had changed radically the afternoon but Japan co., Ltd. became cool down increases with decreased 0.8 percent.Material so far sales of bond futures and stock futures buying great rotation tremendous momentum was a bit overdone.
Long-term interest rate 1% the Nikkei average 16000 Yen approach might left neither a temporary sense of accomplishment.
Preliminary may mini bubble stocks had come to the limit indicating Chinese manufacturing activity happens to be private sector purchasing managers index (PMI) showed activities reduction in seven months. But yesterday drop in foreign sales had exceeded it after an interval of 2 months ago in substantially mean selling no better foreigners are! but first push on buying. But tomorrow is Friday... Nikkei is likely to recapture 38915 circle 20000 Yen rather than is, "fool to sell three days!
"" Want to want the bid quote Monday morning saying. Rather gloomy scenario = Kono Ryutaro said repression monetary financial repression and trying to associate produce artificially low interest rate environment by regulation in emerging team development economics page urging private-sector capital accumulation, increase economic growth strategy. But often described policy holds off public debt burden compressed low interest rates artificially as, emerging and developed countries regardless of these days. On establishing a moderate inflation in to purchase Japanese Government bonds lower interest rates to force financial institutions. While relying on market mechanisms in the because risk jumps up long-term interest rates, official market of public engagement stronger bond markets, so to speak.
Can be said that the financial institutions holding bonds and negative real interest rates, a policy eventually made up the expense of depositors, policyholders and pension policyholders. Liquidity and severely depleted by the Bank of Japan buy Japan government bond market is famously, mired in dysfunction.
I was concerned that as many evils big distortion is experiencing system essential for 1 money market yields, undermine the efficient allocation of resources policy, if caught in a context of financial repression policy, say that decline in the bond market's inevitable too. Compression of public debt （ accurately compression in GDP ） is divided into four routes are possible in theory,. 1 ） 2, increasing tax revenue through high growth ） tough fiscal adjustment due to tax hikes and spending cuts, 3 ） explicit default, 4 ） (de-facto default) adjustments due to rapid inflation.
However, historically, these interim policies and certain financial repression policy by keeping the lower long-term interest rates by regulation establishing a degree of inflation produce negative real interest rates and shrink public debt also available.
Worst policies i.e. deposit blockade 3 and 4 th earlier in Japan just after World War II and high rates of inflation that were selected, that country went well, was eventually 1 (by high growth tax increase) and 2 (tough fiscal adjustment due to tax hikes and spending cuts) and suppression of monetary combination is?. After the global financial crisis of the mid-2000s, developed countries are still comparable to shortly after World War II had the unprecedented public debt, currently suffers from the process. And of course, everyone wants in increased tax revenues brought by high growth. However, to resolve public debt issue by increasing potential growth is almost nearly impossible.
From all potential growth decline is, is does not stop swelling public debt to solve public debt problems in economic growth that is a saying and putting off the problem solving.
