Clik here to view.
The Dollar Still Rules
There is a pocket of stability forming in US dollar funding markets after the “unexpected” weakness of the last Establishment Survey jobs report (particularly the large revision for July). It appears...
View ArticleClik here to view.
Eurodollars ‘Guessed’ Right On Taper
As early as September 11, the changing trend had already been spotted. In Indian finance, the epicenter of taper turmoil since May, the inflows of “money” were distinctly different than the combat for...
View ArticleClik here to view.
Credit Markets’‘Money’ Problem
The credit market selloff that began without much notice has begun to draw attention. While there is some attribution to various FOMC members and their renewed hints at tapering, the current move began...
View ArticleClik here to view.
Old Mother Dollar (Liquidity)
The pestilence of the wholesale “money” system, the eurodollar standard if you will, is that the “dollar” is no longer anything like one and that these “markets” for it are not directly observable....
View ArticleClik here to view.
Offshoring ‘Dollars’ In Central Bank Theory
After enduring quite a bit of restlessness even into the early part of 2014, the Banco do Brasil (Brazil’s central bank) believed it had regained order in its currency “market.” Going back to the...
View ArticleClik here to view.
The Dollar Still Rules
There is a pocket of stability forming in US dollar funding markets after the “unexpected” weakness of the last Establishment Survey jobs report (particularly the large revision for July). It appears...
View ArticleClik here to view.
Eurodollars ‘Guessed’ Right On Taper
As early as September 11, the changing trend had already been spotted. In Indian finance, the epicenter of taper turmoil since May, the inflows of “money” were distinctly different than the combat for...
View ArticleClik here to view.
Credit Markets’‘Money’ Problem
The credit market selloff that began without much notice has begun to draw attention. While there is some attribution to various FOMC members and their renewed hints at tapering, the current move began...
View ArticleClik here to view.
Old Mother Dollar (Liquidity)
The pestilence of the wholesale “money” system, the eurodollar standard if you will, is that the “dollar” is no longer anything like one and that these “markets” for it are not directly observable....
View ArticleClik here to view.
Offshoring ‘Dollars’ In Central Bank Theory
After enduring quite a bit of restlessness even into the early part of 2014, the Banco do Brasil (Brazil’s central bank) believed it had regained order in its currency “market.” Going back to the...
View Article
