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Archive - Feb 15, 2013

CalibratedConfidence's picture

Revisit FRBNY FX Swaps, ECB And Margin Credit

Submitted by CalibratedConfidence on 02/15/2013 03:26 -0500



Infotainment channels and slide-show CPM websites could easily mistake the data in the following charts as balance sheet stress, economic pressures, and financial industry health in Europe is improving.  To contrary, it's so bad that the vehicle used to transfer the worlds reserve currency to those sovereign regions reaching out for help that the FED is now hopelessly handing cash right over.

 
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