tyb
o7
was never very spiritual-in that way-but in other way's and it took a few day's after seeing that to make it habben. But it did. We all do what we need to, to get something from it.
BOJ signals readiness to combine steps if more stimulus needed
TOKYO (Reuters) - The Bank of Japan is ready to ramp up stimulus, including through a combination of various steps, if the economy loses momentum for hitting its 2 percent inflation target, a senior central bank official said on Tuesday.
Eiji Maeda, the BOJ’s executive director overseeing monetary policy, added that any further step must take into account the impact it has not just on the economy but on the banking system.
“If the economy’s momentum for achieving our price target is threatened, we are ready to ease monetary policy as necessary,” Maeda told parliament.
The BOJ has various means available to ease, such as cutting interest rates, boosting asset purchases and accelerating the pace of money printing, he said.
“The BOJ has actively taken various unconventional steps. We’ll continue to take steps as needed, including a combination of them, with an eye on their effects and side-effects,” Maeda said.
At a two-day rate review ending on Thursday, the BOJ is widely expected to keep monetary policy steady even as its latest prediction will likely show inflation missing its target through the fiscal year that ends in March 2022.
The BOJ is in a bind. Years of heavy money printing have failed to fire up inflation to its 2 percent target and left it with little ammunition to fight the next recession.
Prolonged easing has also added to pains for regional banks, already facing slumping profits due to an ageing population and an exodus of borrowers to big cities.
https://www.reuters.com/article/us-japan-economy-boj/boj-signals-readiness-to-combine-steps-if-more-stimulus-needed-idUSKCN1RZ05H
ty for update
agree. some, not all or majority, are up own ass for no reason. See both as most do.
been a tough profession last few year's. Commend you for sticking with it. Not easy at all-I stopped actively doing it shortly after MF Global but alway's stayed in touch with it.
I stopped paying for WSJ a few weeks ago. Content became nothing moar than gaslighting but you are correct with the comments. Those used to be moar insightful than the articles.
They have alway's had a heavy bias towards the system but you can still get the stories, if you call them that at this point, from aggregation sites.
I use this one now FWIW
https://www.marketscreener.com/
How To Identify A Micro-Cap Scam
Your inbox is littered with them: newsletters alerting you to micro-cap stocks that are "Up 92% in one day!" or promise "1000% + gain on this one!" Some micro-cap scams are obvious, but others are not. Do you know how to identify a scam?
What Are Micro-Caps and Where Do They Trade?
The term "micro-cap" refers to companies with low or "micro" market capitalizations. These are companies typically ranging between $50 million - $300 million in market capitalization. Micro-cap companies primarily trade on the Over-the-Counter Bulletin Board (OTCBB) or the pink sheets.
The OTCBB is an electronic quotation system that displays real-time quotes, last-sale prices and volume information for many OTC securities that are not listed on the Nasdaq or other major securities exchanges. Although the NASD oversees the OTCBB, the OTCBB is not part of the Nasdaq. Scam artists often claim that an OTCBB company is a Nasdaq company, but this is misleading; it suggests that a company is larger and more liquid than it probably is. The pink sheets are named for the color of paper on which they've historically been printed. Many stocks quoted on the pink sheets are "penny stocks." The pink sheets is not a stock exchange and it is unregulated.
What's Different About Micro-Caps?
We all know that good information is an investor's best defense when purchasing shares in any company, but accurate information on micro-cap stocks can be hard to come by. Many micro-cap companies don't file reports with the Securities and Exchange Commission (SEC), so it's tough for investors to get all the facts. Lack of reliable information makes it easy for investors to be seduced by scam artists.
Another important difference between micro-caps and larger stocks is the lack of minimum listing standards. Companies that trade their stocks on major exchanges, like the NYSE and the Nasdaq, must maintain minimum amounts of net assets and minimum numbers of shareholders to retain their listings. Companies on the OTCBB or the pink sheets, however, do not have to meet any minimum standards.
Micro-Cap Risks
It should come as no surprise to learn that micro-cap investing is far riskier than investing in large caps. Liquidity is usually limited, meaning that you might not be able to sell a micro-cap stock quickly enough to minimize losses when things go wrong. Earnings are often negative, and sizeable deficits may have accumulated. These companies are like shooting stars; they can fizzle out just as fast as they can light up the sky.
If you're researching a micro-cap stock, check the EDGAR database first, because even the smallest companies may file financial statements with the SEC. Companies with less than $10 million in assets actually don't have to file, but they often do if they want to offer their securities to the public. Other micro-caps may offer publicly traded securities, but are exempt from filing with the SEC. These exceptions include "Reg A" offerings in which the company is raising less than $5 million in 12 months, or "Reg D" offerings, those raising less than $1 million in 12 months.
Phony Facts and Tools of the Trade
Micro-cap scammers rely on the lack of public, reliable information to spread phony facts. Which are their favorite tools of the trade?
Email: Junk mail and "spam" over the internet are favorite tools scam artists use to spread false information about micro-cap stocks. Never buy a stock based on an email from someone you don't know.
Internet Bulletin Boards: Many scam artists hide or change their identities in investor chat rooms. Never buy a stock unless you've done your own research and verified the facts.
Paid Promoters: Some micro-cap companies pay promoters to recommend their stocks. These hired guns claim to provide independent, unbiased investment newsletters, research reports, and radio or television shows. Investors should check the credentials of anyone who declares his or her advice is objective and independent. Look for legitimate financial certifications that require holders to adhere to an ethical code (for example, a CFA, CFP, CIC and the like).
"Boiler Rooms" and Cold Calls: Some dishonest brokers organize high-pressure salespeople into groups (also called "boiler rooms") to make cold calls to potential investors and dupe them into buying questionable micro-cap securities. Be wary of calls from strangers and never give a cold caller your banking information or Social Security number.
Questionable Press Releases: Press releases can look real, but are you sure the company's sales, projections and products are valid? Check the facts on your own.
https://www.investopedia.com/articles/stocks/07/microcap_scam.asp
it doesn't work any longer. OTC is shit and so are you