​Bitcoin & Big-Tech Rip On China QE Hope; Cash Bonds Closed – Tyler Durden

Bitcoin & Big-Tech Rip On China QE Hope; Cash Bonds Closed Equity markets continued their melt up amid a quiet session with cash bond markets closed for Columbus Day. Rumors from China that authorities will issues 6 trillion yuan in bonds to support stimulus plans prompted talk of the inevitability of a China QE to maintain bond yields… and that QE talk sent stocks and crypto soaring. However, as Goldman points out, 6 trillion is a decent number and a good start but nowhere near what they did in the past, to put it into context China did roughly 20…  — Continue at ZeroHedge News : Read More