Saturday, 19 December 2015

Financial Orbit wrap 18/12/15 & 19/12/15

Five sentences or graphics which sum up the Financial Orbit output over the last 24 48 hours across the website, twitter account and anything else thought about...

1. Japan - kind of a bit more QE by the BoJ as they extend maturity of JGB holdings they are purchasing to 7-12 years and establish New Program For ETF Purchases Adding JPY 300 Bln To Current Purchases eve if the formal QE at Y80trn per month unchanged.

And the reaction of the Nikkei? As I noted on Twitter:

'Nikkei turned out of +ve territory to be 1.7% lower after the BoJ’s surprise announcement' (via ). They needed a bigger QQE boat...

(h/t @DavidInglesTV)

2. I wrote up the corporate numbers from the cruise ship operator Carnival observing:

Well the company really delivered with a combination of better revenue yields and lower fuel costs.

3. The latest Financial Orbit Speaks was published:

Published on 18th December 2015 - link here

In his latest global investing enhanced podcast Chris Bailey of Financial Orbit reviews some of the impacts of the first US interest rate increase since 2006.  This leads into a discussion on a handful of investing themes for 2016 to improve outperformance chances before finishing with an observation on...the changing size of Christmas sweet tins.

4. Unsurprisingly I discuss the Fed decision above...but is or is there not US inflation?  I liked this chart via @jsblokland:

5. Finally, I noted on Twitter:

V interesting on the country that bosses around & on payoff historically required to change a country's name

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