The market knows it: Without central banks printing money to infinity, they would fall faster than a stone.

A decade ago, central bank intervention was thought to be temporary. Just need to fix the problems and we’ll be back to normal in no time. Then years passed and we still needed some stimulus but it’s ok, problems will be resolved soon. Then after literally 10 years of intervention, the markets not only expect more central bank easing, but require it to keep it alive. That’s a complete acknowledgement of failure. Game over.

 

Markets: Indexes, Bonds, Forex, Key Commodities, ETFs

www.cnbc.com/markets/

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www.zerohedge.com/s3/files/inline-images/2019-10-01_9-07-28.jpg?itok=Lq5NlAp4

US manufacturing survey contracts to worst level in a decade

www.cnbc.com/2019/10/01/us-manufacturing-economy-contracts-to-worst-level-in-a-decade.html

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fm-static.cnbc.com/awsmedia/chart/2019/10/01/20191001%20Manufacturing%20PMI%20decline%20jws.1569942352092.png

U.S. Factory Gauge Hits 10-Year Low as World Slowdown Widens

finance.yahoo.com/news/u-factory-gauge-sinks-10-140000670.html

After scary manufacturing drop, this is the number to watch Wednesday

www.cnbc.com/2019/10/01/after-scary-manufacturing-drop-this-is-the-number-to-watch-wednesday.html

Repo and Reverse Repo Operations – Federal Reserve Bank of New York

apps.newyorkfed.org/markets/autorates/tomo-results-display?SHOWMORE=TRUE&startDate=01/01/2000&enddate=01/01/2000

GM lays off 6,000 additional workers in Mexico due to UAW strike

www.cnbc.com/2019/10/01/gm-lays-off-6000-workers-in-mexico-due-to-uaw-strike.html

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www.zerohedge.com/s3/files/inline-images/2019-10-01_06-35-10.png?itok=77zUV84t

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www.zerohedge.com/s3/files/inline-images/2019-10-01_06-37-19.png?itok=vflzlKEN

Southern California Gas Prices Soar Past $4 Per Gallon – CBS Los Angeles

losangeles.cbslocal.com/2019/09/30/southern-california-los-angeles-4-dollar-gas/

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www.zerohedge.com/s3/files/inline-images/bond%20pain.jpg?itok=1-neR0Cy

Japan’s Worst Bond Auction in Three Years Sparks Global Sell-Off – Video – BNN

www.bnnbloomberg.ca/investing/video/japan-s-worst-bond-auction-in-three-years-sparks-global-sell-off~1793578

Japan Bond Sell-off Sends A Stark Warning To Wall Street

www.forbes.com/sites/panosmourdoukoutas/2019/10/01/japan-bond-sell-off-sends-a-stark-warning-to-wall-street/#344f9869542b

E-Trade, Ameritrade, Interactive Brokers slammed as Schwab drops trading commissions – MarketWatch

www.marketwatch.com/story/etrade-ameritrade-interactive-brokers-plummet-as-schwab-drops-trading-commissions-2019-10-01