The Bank of China has allowed the Yuan to strengthen against the dollar, thereby reversing some of the tariff-offsetting exchange rate moves. This may be an early indication that degloblization is in full swing.
The MPC had been briefed on the Bank of England’s plans to explore how a negative Bank Rate could be implemented effectively, should the outlook for inflation and output warrant it at some point during this period of low equilibrium rates.
To Dalio, the U.S. conflicts with China rose in a way that was “analogous to the rise of Japan and Germany to challenge the then-existing powers in the 1930s,” which eventually led to World War II.
Senior editor, Ash Bennington, invites managing editor, Roger Hirst, to take a deep dive into options to gain clarity on what this market’s greatest, current…
The banquet of consequences for the Fed, the elites and their armies of parasitic flunkies and factotums is being laid out, and there won't be much choice in the seating...
In the sleepy month of July, foreigners were busy, dumping a record amount of US corporate bonds (perhaps to Blackrock which buys them on behalf of the Fed).
