Recently SEBI took action against registered advisors by implementing some kind of new rule and the result was that many have shuttered their businesses and exited the markets to the public, and then… well everyone has no choice but to turn to the newspaper and pay ONLY 2000 per year. when you multiply that by 150,000 extra subscriptions then it adds up to a considerable amount…
Oh… the investor is in the red by 25% or more perhaps by 2 million rupees or more so what is the comparison between that 2 mio rupees and ONLY 2000 rupees for a yearly newspaper subscription, a 3 year subscription would go at a cheaper price considering the per month cost of a newspaper. Wait I’ll post a a few articles and prove it. The large investors are holding losses of up to 81000 crore which is 81000*10million rupees divided by the USD/INR Exchange rate. They are the first ones to get suckered into buying a newspaper subscription.
First the newspapers took concerted steps to mislead and trap retail investors into doing SIPS into stocks, and MF’s… Now everyone is trapped and is stuck with having to hold losses of up to 2 million or more. Now reporters have started doing that same trick on retail investors by using XAUUSD as the bait. Just look at the writer’s name, the date and time… and most of all the wordings used in the headline topic. Talk about bamboozling markets… The media is causing retail investors to get trapped just in order for them to suffer fear and take a newspaper subscription at steep discounts of up to 40% off!!!
a refresher from the Fed on “communication” (propaganda to some)
jefferson casting some light on past, current and future methods of bamboozeling markets of its intentions and ultimate market digestion and reaction goals
Couple yakkers on deck
–
11:30 jefferson Speaks on “Central Bank Communication” hehe that could be a doozie or a dandy
12:30 BoC’s macklem yaks
14:10 BoC’s macklem: presser
More downside misses in US data… risk off… yields dip… JPY getting the flows… USDJPY back below 150… JPY cross offsetsa lifting thr USD elsewhere… stocks down
Without key stops to run outside of the day’s high sor lows, it looks like a cautious end to the week barring a surprixse in US data even tough it is not top tier.