If both the Fed and Treasury want to weaken the USD, they are likely to succeed, except if the consequent risk-off response generates buying of USD along with other safe havens.
When something like the truly freakish chart below appears, you'd think that even the Wall Street gamblers would get their collective heads out of the sand...
It is absolutely amazing the lengths people will go to in order to deny the most straightforward and obvious explanation; to torture and twist plain evidence...
The latest Argentina Dance Macabre is all about Global Credibility. It’s another Massive Fail! What does it say about the credibility of Global Institutions and Policy when Argentina’s whole market collapsed following an election primary.
