We may have to rename the global bond market to ‘Fast and Furious -1.0’ because that is exactly what is happening to the expanding amount of sovereign bonds in both Europe and Japan. Last week,
Besides the consequences of there being more Baby Boomer retirees than workers to fiscally deal with the insolvent social security program, a new monetary crisis is about to hit the markets in just three days
Interesting things have happened 18 months after oil prices fell off a cliff to hover down around $35 per barrel, with the deflationary environment that now permeates the global economy just a microcosm of the
In just the past 30 days we have seen three major economies open up their bond markets to allow the sale of Chinese Yuan denominated debt instruments. And on Nov. 6 we can now add
It is a given that the computer driven algo’s always run wild on days in which central bank leaders speak, but what was most important about ECB head Mario Daghi’s speech on Oct. 22 was
In an interesting observation made on Aug. 27 by analysts at Bank of America, Chinese dumping of dollar reserves (Treasuries) may create such an impact on the United States, that the Fed would have to
