pretty much prove the central bankers right,
Central bankers prove themselves wrong everyday but its normal so not news. Japanese QE program has been proven a failure for decades now, the only reason these ideas continue is thanks to socialism not capitalism. The bankers have the resources of an entire country to bail out the programs that do not work and a military to enforce usage of that failing standard. Nothing there is to be proud of, all I've read is the idea that a stable never ending decline in currency is to appreciated for not allowing total collapse or a disorderly market. The disorderly part will probably happen anyway at some point either/or unless democracy fails, it could be ironic that China or Russia is key to that rather then the democratic but welfare states of the West
Negative comments dont especially match a market which is mostly going sideways recently. 7724 maybe 8843 resistance and 7537 to measure as a boundary below
$3500 - $5200 during the course of 2019.
That sort of long grinding fall should be sufficient to induce total capitulation.
I can imagine far worse scenarios, I dont mind if thats all. Its growth overall
The question is if the staff and the other 3 members have the guts to approve VanEck/Solidx/CBOE ETF. Provided that only big investors will make OTC deals, there is absolutely no reason or jurisdiction of SEC to say "no" again on the grounds of market manipulations. They can only procrastinate it to Feb 2019.
