February 2, 2015
Four Trade War Questions; PMI Reports; Currency Manipulation Charges
Read this article: Four Trade War Questions; PMI Reports; Currency Manipulation Charges
Hard hitting global and local news
Hard hitting global and local news
Read this article: Four Trade War Questions; PMI Reports; Currency Manipulation Charges
See the original post: Cyborg Silliness; No Glory in Stupidity; If Jackasses Could Think
Read the original: Diving Into the GDP Report – Some Ominous Trends – Yellen Yap – Decoupling or Not?
Visit site: Canada in Recession, US Will Follow in 2015
More: Greece Will Not Accept Bailout Extension or Deal With "Rottenly Constructed" Troika; Mish’s Game Theory Math
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Read More: Alexis Tsipras "Open Letter" to German Citizens Regarding Extend-and-Pretend Unserviceable Debt
More: Asset Price Deflation Coming Up? Food Prices About to Drop? CPI About to Go Negative? Credit Deflation?
The yield curve may look strange to some, but here’s the three-part explanation: Mid-range bonds will be hammered the most in any haircut deal. Yield on the 3-month bond spiked since the end of December. The market is pricing in the possibility of a default, but not within 3 months. National Bank of Greece 15-Minute Chart Shares of National Bank of Greece closed about 22% lower today. At one point they were down about 28%