{"id":33965,"date":"2013-02-19T08:22:38","date_gmt":"2013-02-19T13:22:38","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=33965"},"modified":"2013-02-19T08:22:38","modified_gmt":"2013-02-19T13:22:38","slug":"japans-wild-hedge-fund-ride","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2013\/japans-wild-hedge-fund-ride.html","title":{"rendered":"Japan&#8217;s wild hedge fund ride"},"content":{"rendered":"<p>Asia Times &#8211; I posited that Mario Draghi this past summer &#8220;singlehandedly&#8221; altered the global financial landscape. This miraculous feat was made possible with his bold guarantee of unlimited ECB bond purchases to backstop troubled euro-zone bond markets and system liquidity more generally. As soon as the marketplace became comfortable that his backstop was credible, the &#8220;Draghi Plan&#8221; fundamentally altered the risk versus reward calculus for holding and shorting European periphery debt.<\/p>\n<p>This abrupt change in debt market perceptions then worked to reverse the crisis of confidence imperiling the soundness of Europe&#8217;s banking conglomerates, the region&#8217;s economic prospects and the euro currency.<\/p>\n<p><a href=\"http:\/\/www.atimes.com\/atimes\/Global_Economy\/GECON-01-190213.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asia Times &#8211; I posited that Mario Draghi this past summer &#8220;singlehandedly&#8221; altered the global financial landscape. This miraculous feat was made possible with his bold guarantee of unlimited ECB bond purchases to backstop troubled euro-zone bond markets and system [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-33965","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=33965"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33965\/revisions"}],"predecessor-version":[{"id":33966,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33965\/revisions\/33966"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=33965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=33965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=33965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}