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Because that – If, Then… Market Timing

Because that

By Rod David | January 16, 2015 - 6:32 am

Perhaps yesterday”s action by the Swiss had much more impact than to adjust FX rates. Doing it so surprisingly meant more than keeping their plans quiet in advance. They lied. And it”s not that one Central Bank has been caught lying — that evidence pile has been growing taller for years.

The greater impact is whom the SNB lies harmed… everyone. Central Banker lies previously could at least be assumed as part of a coordinated strategy. Surely, SNB isn”t the first to have noticed the economic fat they”ve been nibbling at for years by fiat has been reduced to just skin and bones. SNB is just the first to act.

With respect to John Nash, the cannibals are now turning on each other.

Posted in S&P