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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: bull_dozer who wrote (208493)	10/16/2024 10:47:16 PM
From: TobagoJack	Respond to of 220017

re <<China stocks now trading lower than they were on 9/26 when David Tepper said to "buy everything" >> ... everything is precisely just-fine, per mathematics finance.yahoo.com

To: bull_dozer who wrote (208493)	10/16/2024 10:51:03 PM
From: TobagoJack	Respond to of 220017

re <<China stocks now trading lower than they were on 9/26 when David Tepper said to "buy everything">> ... or more than just-fine finance.yahoo.com

To: bull_dozer who wrote (208493)	10/16/2024 10:54:02 PM
From: TobagoJack	Respond to of 220017

re <<China stocks now trading lower than they were on 9/26 when David Tepper said to "buy everything">> ... readying for the next leg up finance.yahoo.com

To: bull_dozer who wrote (208493)	10/16/2024 10:57:29 PM
From: TobagoJack	Respond to of 220017

re <<China stocks now trading lower than they were on 9/26 when David Tepper said to "buy everything">> ... mathematically China counters are insta-gold, that which is better than paper-gold finance.yahoo.com

To: bull_dozer who wrote (208493)	10/16/2024 11:02:11 PM
From: TobagoJack	Respond to of 220017

re <<China stocks now trading lower than they were on 9/26 when David Tepper said to "buy everything">> ... in the meantime, the super-duper-double-secret hidden reserve put to work as perfectly good consumer shares come further into the IPO buy-range finance.yahoo.com

To: bull_dozer who wrote (208493)	10/18/2024 4:25:13 AM
From: TobagoJack	Respond to of 220017

re <<China stocks now trading lower than they were on 9/26 when David Tepper said to "buy everything">> ... and so it starts once more, dying anguish of the shorts over what undoubtedly shall be a fine weekend, as the birthing cries of new era accompanies the bell all cylinders firing across equity space and metals arena, that condition we call good-good, aiming for win-win open season on the shorts and so starts the mass killing of bears Team China announced dedicated special-purpose swap financing for corporate share buybacks this day Very innovative, extremely out of the box, beats random QE, and tees up corporate managements IOW, helicopter-money that can only be used to buy-buy-buy shares, and nothing else Recommendation: buy shares, the insta-gold, to swap for MoreGold later finance.yahoo.com

To: bull_dozer who wrote (208493)	10/18/2024 4:39:47 AM
From: TobagoJack	Respond to of 220017

re <<China stocks now trading lower than they were on 9/26 when David Tepper said to "buy everything">> bloomberg.com PBOC Starts Share Buyback, Equity Swap Tools to Aid Markets Chinese stocks climb on the news, including brokerage shares Pan says property, capital markets are among key challenges 18 October 2024 at 11:11 GMT+8 Updated on 18 October 2024 at 12:55 GMT+8 China’s central bank kicked off a specialized re-lending facility to help listed companies and major shareholders buy back shares, boosting market optimism over Beijing’s support and sending stocks higher. The previously announced program offers 300 billion yuan ($42.1 billion) in low-cost loans to 21 eligible commercial banks that lend to qualified companies and shareholders, according to a statement from the People’s Bank of China on Friday. The PBOC also announced the start of a swap facility, which allows institutional investors to access liquidity from the central bank to purchase stocks. The program has received applications for over 200 billion yuan, according to a separate statement. Both programs were unveiled by PBOC Governor Pan Gongsheng in late September at a blockbuster press briefing, where he outlined a slew of steps to shore up the economy and stock market. This initially sent stocks soaring in a historic rally, though gains have eased as investors wait for further stimulus measures, such as increased government spending. Chinese stocks climbed, with the benchmark CSI 300 Index reversing earlier declines to trade 0.8% higher as of the midday break. A Bloomberg gauge of brokerage stocks in Hong Kong jumped as much as 6.2%. “It’s a first step, but the market needs clarity on follow-up measures to regain confidence,” said Billy Leung, an investment strategist at Global X ETFs. “Markets are ultimately looking for more substantial fiscal commitments to drive a sustained recovery.” Pan explained the rationale behind the stimulus package at the Financial Street Forum on Friday, saying the property and capital markets are among the economy’s biggest challenges and require targeted policies. Pan said the decisive rollout of stimulus measures reflects policymakers’ determination to stabilize the economy and sentiment, Chinese media reported. The central bank will step up counter-cyclical monetary policy adjustments, Pan said, a reference to easing measures aimed at bolstering growth, according to local media reports. He reaffirmed that the PBOC will make a rebound in prices a key consideration for policies. Under the re-lending tool, commercial banks can apply for one-year loans from the central bank at an interest rate of 1.75%, according to the PBOC. That’s cheaper than the 2% rate on one-year policy loans of the medium-term lending facility. Banks are responsible for issuing the loans and managing the risks, while the PBOC will provide funds equivalent to the principal of the loans to commercial lenders. For the swap facility, about 20 institutions including securities firms and funds have been approved to participate. The program allows institutional investors to access highly liquid assets from the PBOC by pledging bonds and certain stocks as collaterals. Initially set at 500 billion yuan, the facility may be expanded based on needs. The Chinese yuan and proxy currencies such as the Australian dollar and Korean won were boosted by PBOC’s stock support. The offshore yuan climbed as much as 0.2% to 7.1225 per dollar. Government bonds are seeing less demand as investors chase the rally in stocks, with the benchmark 10-year yield erasing declines to stand at 2.1%.