Global RISK OFF due to insolvency was deemed unacceptable to Central Planners hobnobbing at Davos. So Kuroda san was nominated by Super Mario to obliterate all shorts and thereby flip the switch back to RISK ON, if only for a few hours...One Central Bankster to control $200 trillion in global assets by taking interest rates to -.1%.
Skynet will have fewer shorts to pay out at the bottom thanks to the BOJ
West Texas Intermediate Crude with USO ETF volume overlaid
"You'll never see these prices again"
"Why are we covering?"
Leveraged loans aka. Mergers/Acquisitions, stock buybacks, special dividends...
"ALL IN? Yeah, we're fucked..."
"Hey, we're back to last Tuesday"
It's an IQ test for Central Bankers...