{"id":21408,"date":"2016-07-10T17:55:14","date_gmt":"2016-07-10T22:55:14","guid":{"rendered":"http:\/\/olduvai.ca\/?p=21408"},"modified":"2016-07-10T17:55:40","modified_gmt":"2016-07-10T22:55:40","slug":"oilmageddon-central-banks-and-liquidity-the-3-feedback-loops-keeping-citi-up-at-night","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=21408","title":{"rendered":"Oilmageddon, Central Banks And Liquidity: The 3 &#8220;Feedback Loops&#8221; Keeping Citi Up At Night"},"content":{"rendered":"<h3 class=\"title\"><a href=\"http:\/\/www.zerohedge.com\/news\/2016-07-10\/oilmageddon-central-banks-and-liquidity-3-feedback-loops-keeping-citi-night\">Oilmageddon, Central Banks And Liquidity: The 3 &#8220;Feedback Loops&#8221; Keeping Citi Up At Night<\/a><\/h3>\n<section class=\"messages-holder\"><\/section>\n<div class=\"tabs\">In recent months we have seen a dramatic spike in visualizations by sellside analysts, who appear to have finally grasped the reflexive nature of markets first noted so many years ago by none other than George Soros, which &#8211; with the Fed involved in all of them &#8211; show just why Janet Yellen is trapped.<\/div>\n<section class=\"node node-type-story node-full node-nid-565789\" data-mediaconductor-processed=\"true\">\n<div class=\"content\">\n<p>First, it was Bank of America who in early may sketched the not-so-merry-go-round framing the relationship between the Fed and the market as follows (for\u00a0<a href=\"http:\/\/www.zerohedge.com\/news\/2016-05-17\/nightmarish-merry-go-round-only-chart-you-need-trade-market\">our commentary read here<\/a>):<\/p>\n<p><a href=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user5\/imageroot\/2016\/05\/13\/BofA%20chart.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user5\/imageroot\/2016\/05\/13\/BofA%20chart_0.jpg\" width=\"495\" height=\"385\" \/><\/a><\/p>\n<p data-mediaconductor-processed=\"true\">Then just a few weeks later, when Goldman soured on China and the Yuan,\u00a0<a href=\"http:\/\/www.zerohedge.com\/news\/2016-06-02\/goldman-unveils-fx-doom-loop-turns-outright-negative-yuan-due-weak-link\">the vampire squid revealed the Fed-China &#8220;doom loop<\/a>&#8221; showing the Catch 22 relationship between the USD and the Yuan and how the S&amp;P500 works as an intermediate buffer between the two.<\/p>\n<p><a href=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user5\/imageroot\/2016\/05\/31\/Goldman%20loop.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user5\/imageroot\/2016\/05\/31\/Goldman%20loop_0.png\" width=\"500\" height=\"347\" \/><\/a><\/p>\n<p>Now it is Citi&#8217;s turn to unveil its own charting artistry with the following chart summarizing what it sees as the 3 big feedback loop risks as the world enters the &#8220;volatile&#8221; phase of the centrally-planned market and global economy. Presented without commentary.<\/p>\n<p><a href=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user5\/imageroot\/2016\/07\/03\/feedback%20loops.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user5\/imageroot\/2016\/07\/03\/feedback%20loops_0.jpg\" width=\"500\" height=\"371\" \/><\/a><\/p>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Oilmageddon, Central Banks And Liquidity: The 3 &#8220;Feedback Loops&#8221; Keeping Citi Up At Night In recent months we have seen a dramatic spike in visualizations by sellside analysts, who appear to have finally grasped the reflexive nature of markets first noted so many years ago by none other than George Soros, which &#8211; with the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,3],"tags":[3038,124,130,357,366,451,1031,4318],"class_list":["post-21408","post","type-post","status-publish","format-standard","hentry","category-economics","category-energy-2","tag-bank-of-america","tag-central-banks","tag-china","tag-george-soros","tag-global-economy","tag-janet-yellen","tag-yuan","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/21408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21408"}],"version-history":[{"count":2,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/21408\/revisions"}],"predecessor-version":[{"id":21410,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/21408\/revisions\/21410"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}