Jul 16, 2013, (4:13 AM EDT)
Guys, I’m back with more bad news for stimulus junkie market whales.
As usual 🙂
If you are wondering why European markets have suddenly turned negative and U.S. stock futures too have turned red, then read this Bloomberg report which says that the new Bank of England governor may put “QE on back burner.”
After the Reserve Bank of India, this is second big central bank to step back from pumping liquidity in markets.
If the Fed chairman Ben Bernanke also sings same tune in his Congressional testimony tomorrow; boy, that will be trigger a stampede in world markets!
Keep watching U.S. stock futures, the action in markets is now picking up after a comatose start of the session.
Enjoy the session, enjoy the company of whimsical markets 🙂
See you later!