Interesting day in currency land. Not surprisingly, the dollar has collapsed, breaking through important support levels. But the Yen is very weak also. Maybe people are switching horses and moving from the juiced Nikkei back to the S&P, since Bernanke is promising even more liquidity than expected. Or maybe people are pricing in a counter-move by Abe and Kuroda, since we are in the middle of a currency war. Or maybe there is a bit of news today that I missed. Regardless, the story ends the same.
Broken Money
The subtitle is Why Our Financial System is Failing Us and How We Can Make it Better , and the author is Lyn Alden (2023). I feel like I hav...
-
The subtitle is Two Peking University Professors Explain All of China Business in Six Short Stories and the authors are Jonathan Woetzel an...
-
The subtitle is Why Our Financial System is Failing Us and How We Can Make it Better , and the author is Lyn Alden (2023). I feel like I hav...
-
-I read John Mauldin regularly and his group holds an annual conference where a bunch of well-known investors give speeches. This year’s re...