"It was the ultimate greater tools' market..."
Capital cornered by 0%. There's no way out, except straight down...
Capital cornered by 0%. There's no way out, except straight down...
Global yields (red). Deflation (blue) with Amazon:
Overnight Risk...
Anyone still gambling in these markets is trusting the People's Bank of China not to continue doing what they've been doing for three months straight. And what they confirmed last week is going to continue...
Chinese Yuan
Chinese Yuan