Central Banks Are Now Practicing Backdoor Monetization

 IMF not ready to give Greece another loan, the country needs to give up more. Caterpillar is laying off 2,000 in Belgium. US Government releases job numbers and they were terrible. More service jobs were added and manufacturing and construction lost jobs. Labor participation rate increased. Manufacturing continues to decline and factory orders plummet. Central Banks are purchasing their own bonds via backdoor operations. ECB testing the waters to start purchasing stock like the BoJ







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