Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?

To: Don Green who wrote (17384)	11/14/2017 11:49:36 AM
From: Les H	Respond to of 49866

QE appears to be falling short on sovereign debt coverage for next year also ECB QE 1.9% GDP vs EU est. fiscal deficit 1.7% GDP Roughly $30 billion excess purchases over sales BOJ QE 16.5% GDP vs BOJ est. fiscal deficit 4.5% GDP Roughly $600 billion excess purchases over sales The combined excess QE by ECB and BOJ of $630 billion falls $220 billion short of full coverage for US, Europe, and Japan. I'm assuming a midpoint of 7.5 trillion yen per month for the purchase quantity by the BOJ. They may stop well short of that as their holdings breach 50% of supply of JGB's.