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Thread: Err, without wishing to get all grown-up, has anyone noticed the latest German PMI?

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  1. #1
    Quote Originally Posted by Burney View Post
    Watch their next move to be to raise taxes. then welcome 3 million more migrants to distract.

    Japan's 10 year yield went negative today as well.

    Repo rates suggest the market is pricing in two US Fed rate cuts this year, after they stupidly raised rates all last year, including the idiotic December raise.
    Last edited by Chief Arrowhead; 03-22-2019 at 03:42 PM.

  2. #2
    Quote Originally Posted by Chief Arrowhead View Post
    Watch their next move to be to raise taxes. then welcome 3 million more migrants to distract.

    Japan's 10 year yield went negative today as well.
    I hardly see that an influx of millions of people who will be net recipients of state aid and add not one single penny to the tax coffers would exactly distract from an economic downturn, chief.

  3. #3
    Oh, in Germany it will. Because Godwin.


    Quote Originally Posted by Burney View Post
    I hardly see that an influx of millions of people who will be net recipients of state aid and add not one single penny to the tax coffers would exactly distract from an economic downturn, chief.
    "Plenty of strikers can score goals," he said, gesturing to the famous old stands casting shadows around us.

    "But a lot have found it difficult wearing the number 9 shirt for The Arsenal."

  4. #4
    Quote Originally Posted by Burney View Post
    I hardly see that an influx of millions of people who will be net recipients of state aid and add not one single penny to the tax coffers would exactly distract from an economic downturn, chief.
    You might be right, but my little insertion of the migrants seems to have distracted you from the rest of the post about the economic downturn. So it just might work. Maybe this time they can get the migrants from Norway and instruct them to commence raping and pillaging. VIKINGS SACK HAMBURG!

  5. #5
    Quote Originally Posted by Chief Arrowhead View Post
    You might be right, but my little insertion of the migrants seems to have distracted you from the rest of the post about the economic downturn. So it just might work. Maybe this time they can get the migrants from Norway and instruct them to commence raping and pillaging. VIKINGS SACK HAMBURG!
    It's a handy strategy, chief. I applaud you.

    Am I right in saying Japanese bond have been looking pretty terrible for quite a long time?

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