Big Picture: Die extreme Korrelation der FED-Bilanz und dem S&P 500

Dazu ein aktueller Beitrag von zerohedge:

How Much More Upside Is There? 

 

Submitted by Tyler Durden on 06/06/2014 10:22 -0400 

For 5 years the correlation between the expansion of the Federal Reserve's balance sheet and the growth of the S&P 500 has risen dramatically. Since QE3 was unveiled, the correlation is converging on 1 which of course is just happy coincidence and nothing to do with the free and easy flow of liquidity that month after month of Fed largesse has created. The problem is we now know that the hurdles to a Fed un-Taper are very high and so we can extrapolate the end-point for the Fed's balance sheet and where stocks would trade at that point. The S&P 500's recent exuberance has priced in the total expansion of the Fed's balance sheet to the end of the taper, so how much more upside is there..?  

Link: http://www.zerohedge.com/news/2014-06-06/how-much-more-upside-there 

Quelle: zerohedge.com 

Quelle: zerohedge.com

Quelle: zerohedge.com

Schuldenexplosion in Japan erreicht neue Ausmaße

Wer meint, dass die Amerikaner mit Rekord-Geschwindigkeit weiter Geld drucken, der sollte in diesen Tagen einmal mehr einen Blick nach Japan werfen. Der folgende Artikel kann unkommentiert stehen gelassen werden..

National debt hits record high - Japan Debt Update: ¥1,020,000,000,000,000.00

11:55 pm, May 10, 2014 - Jiji Press

Japan’s national debt totaled a record-high ¥1.02 quadrillion as of the end of March, up ¥33.36 trillion from a year earlier, the Finance Ministry said..

Links: http://the-japan-news.com/news/article/0001269505, http://www.zerohedge.com/news/2014-05-10/japan-debt-update-¥102000000000000000

Quelle: zerohedge.com, bloomberg.com, the-japan-news.com