Friday, December 15, 2017

Becoming the Market

I've got your picture, I've got your picture
I'd like a million of them all around my cell
I asked the doctor to take your picture
So I can look at you from inside as well
--The Vapors

Nice picture of the relative position of all central banks (not just BOJ) in markets.

Not only are they increasingly involved, but CBs are quickly becoming THE market...

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