10/6 cnbc - BOJ cut interest rates

Bank of Japan Surprises by Easing Monetary Policy Further

 

The Bank of Japan cut interest rates on Tuesday and pledged to keep rates at zero until prices are seen stable in a surprise move showing its concern that a strong yen and slowing growth are undermining a fragile economic recovery.

 

The central bank also decided to set up, as a temporary measure, a 35 trillion yen ($419 billion) pool of funds to buy or accept as collateral assets such as government bonds, commercial paper and asset-backed securities.

(collateral assets 담보자산)

 

The decision to cut interest interest rates was made by a unanimous vote

 

 

 

4 Beaten-Down Stocks with Short Squeeze Potential

 

 

http://www.cnbc.com/id/39466030

 

Despite all the talk of the current September run coming on very low volume, the market has continued to defy the odds and move higher, trading up in the face of a bearish news environment.

defy 저항하다

odds 역경, 시련

 

 

A clear example of this is last Tuesday’s rally, which occurred despite the drop in the consumer confidence reading, now at seven-month lows.

 

 

While the current market behavior might seem counterintuitive, it's really not all that surprising. Markets tend to trade on future prospects, not on current data. So the market could be saying that 12 months out, the economic recovery will be in full swing. However, it's also possible that much of September's run was nothing but short-covering and possibly a sucker's rally.

*counterintuitive
직관에 반대되는
These results seem counter-intuitive.
이런 결과들은 직관에 반대되는 것 같다.

 

 

A short squeeze results when the price of a stock rises and investors who short-sold the stock rush to buy it to cover their short position. As the price of the stock increases, more short-sellers feel driven to cover their positions. As these short-sellers cover their positions the price of the stock skyrockets.

 

feel driven 투지가 넘치는