{"id":39159,"date":"2018-10-15T10:51:38","date_gmt":"2018-10-15T15:51:38","guid":{"rendered":"http:\/\/olduvai.ca\/?p=39159"},"modified":"2018-10-15T10:51:38","modified_gmt":"2018-10-15T15:51:38","slug":"blain-liquidity-will-be-the-murder-weapon","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=39159","title":{"rendered":"Blain: &#8220;Liquidity Will Be The Murder Weapon&#8221;"},"content":{"rendered":"<div id=\"block-zerohedge-page-title\" class=\"block block-core block-page-title-block\">\n<h3 class=\"page-title\"><a href=\"https:\/\/www.zerohedge.com\/news\/2018-10-15\/blain-liquidity-will-be-murder-weapon\"><span class=\"field field--name-title field--type-string field--label-hidden\">Blain: &#8220;Liquidity Will Be The Murder Weapon&#8221;<\/span><\/a><\/h3>\n<\/div>\n<div id=\"block-zerohedge-content\" class=\"block block-system block-system-main-block\">\n<article class=\"node node--type-article node--view-mode-full\" role=\"article\" data-gtm-vis-recent-on-screen-2077925_22=\"1089\" data-gtm-vis-first-on-screen-2077925_22=\"1089\" data-gtm-vis-total-visible-time-2077925_22=\"100\" data-gtm-vis-has-fired-2077925_22=\"1\">\n<div class=\"node__content\">\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<blockquote><p>\u201cSlain, after all man&#8217;s devices had failed, by the humblest things that God, in his wisdom, has put upon this earth&#8221;\u201d<\/p><\/blockquote>\n<p>After last week\u2019s stock market ructions, my market spidey senses are tingling\u2026 <a href=\"https:\/\/morningporridge.com\/stuff-im-watching\">https:\/\/morningporridge.com\/stuff-im-watching<\/a><\/p>\n<p><strong><u>In the headlights this morning: <\/u><\/strong><\/p>\n<ul>\n<li><strong>Saudi Arabia<\/strong>: forget the IPO and worry about MbS threating an oil war if the West doesn\u2019t let him murder whomever he doesn\u2019t like. $100 by year end?<\/li>\n<li><strong>Brexit<\/strong>: The next millennium bug? Very good interview on Andrew Marr show with head of Next outlined a no-deal will be less than optimal, but it won\u2019t be a disaster. Lets get on with it.<\/li>\n<li><strong>Germany:<\/strong> Merkel\u2019s affiliate party takes a pasting in Bavaria. Who is out a job first? Merkel or May?<\/li>\n<li><strong>Trumpland:<\/strong> It\u2019s the Fed\u2019s fault. \u201cI know more about markets than anyone else..\u201d Blahbity blah blah blah.. That man never ceases to amuse us.<\/li>\n<\/ul>\n<p><strong><u>Thought for the day: <\/u><\/strong>\u201cIt\u2019s always about politics..\u201d<\/p>\n<p><strong>Market Psychology<\/strong><\/p>\n<p>I\u2019ve never met a stupid chief investment officer*, but market moves never cease to bemuse me. Market perceptions seldom reflect economic reality. The \u201cgroup-think\u201d that is the market\u2019s collective mind doesn\u2019t have the time to ponder the deeper implications of news and events \u2013 it spontaneously reacts to headlines. The group psychology of markets swings from profoundly fearful to over-exuberant in a heartbeat.<\/p>\n<p>At the moment the mood remains profoundly negative \u2013 reflecting very scared traders. The stock market\u2019s crash, the news flow, the IMF and others predicting a slowing global economy, Italy vs Brussels, Brexit \u2013 and its doom\u2019n\u2019gloom all round. A few bright spots of news, like Brazil, aren\u2019t improving sentiment. The market believed we were doomed on Thursday and saved by Friday. This morning the coin flip says: \u201cwe\u2019re all dead by Wednesday.\u201d Risk-off then?<\/p>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Blain: &#8220;Liquidity Will Be The Murder Weapon&#8221; \u201cSlain, after all man&#8217;s devices had failed, by the humblest things that God, in his wisdom, has put upon this earth&#8221;\u201d After last week\u2019s stock market ructions, my market spidey senses are tingling\u2026 https:\/\/morningporridge.com\/stuff-im-watching In the headlights this morning: Saudi Arabia: forget the IPO and worry about MbS [&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],"tags":[15674,5582,359,487,22315,637,701,22314,2443,827],"class_list":["post-39159","post","type-post","status-publish","format-standard","hentry","category-economics","tag-bill-blain","tag-brexit","tag-germany","tag-liquidity","tag-market-psychology","tag-politics","tag-saudi-arabia","tag-shard-capital","tag-stock-markets","tag-united-states"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/39159","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=39159"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/39159\/revisions"}],"predecessor-version":[{"id":39160,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/39159\/revisions\/39160"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}