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Archive for August 10th, 2019

Former Chinese Central Banker Warns Beijing May Dump Treasuries In Retaliation

10 Aug

“The US is being contained by China with China’s holding of its sovereign bonds… The U.S. is not completely without weakness.”

Source: Former Chinese Central Banker Warns Beijing May Dump Treasuries In Retaliation

Could this be checkmate and the beginning of the US dollar’s historic decline?

 
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Trump’s Fed Bashing is a Self-Inflicted Wound

10 Aug

Donald Trump is an economic ignoramus. I say this all the time. I keep hoping I’m wrong, but every time he opens his mouth he confirms my worst impression of him. Trump isn’t dumb, he’s very smart. But, like so many smart people, including myself and FOMC members, he’s over-confident in applying that which he’s…

Source: Trump’s Fed Bashing is a Self-Inflicted Wound

 
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