The ‘risk off’ trade is commanding the markets. A subtle, but interesting example is the EURCHF.
For four days the EURCHF has held to 1/8th percent away from the official 1.2000 peg. It sits at 1.2016 as I write.
Wherever you look, from China to…
Tag Archive for Hot Money
Bruce Krasting, Contributors- Economic and Financial, Must Read
On FX
by Bruce Krasting • • 0 Comments
There was a mini flash crash in the EURCHF cross this morning. Two charts on the price move:
(Link and Link)
.
I was watching markets on a screen. When I saw the EURCHF price break I called a lady I know on an FX desk. She picked up t…
Bruce Krasting, Contributors- Economic and Financial, Must Read
On Banknotes
by Bruce Krasting • • 0 Comments
There is a curious story in the Swiss press today. On the surface it appears innocuous.
Paper money has been in transition for the last ten years. Most of the big issuers of paper have updated their bills to minimize forgery. The US has spent a …
Bears Chat, Best of the Forums
How Many Remember E Asia Crisis
by Bears Chat at The Wall Street Examiner • • 0 Comments
The most active area of the global econ was being transnationally restructured and substantataially weakened evev as ‘hot money’ boomed in [only to rush out not so much later and help w/stockmarket keynsieismn in los estatdos unindos plus a bit of ye…
Bears Chat, Best of the Forums
The Hot-Money Cowboys of Baghdad
by Bears Chat at The Wall Street Examiner • • 0 Comments
“My friend, Iraq is a rich, virgin country!” one of its richest men, Namir al-Akabi, told me with a startling enthusiasm when I met him earlier this year at his office in Baghdad. Akabi is the chairman of the Almco Group of Companies, a conglome…
Bears Chat, Best of the Forums
Spend It Like You Stole It
by Bears Chat at The Wall Street Examiner • • 0 Comments
QE2 is ending in June. But globally, QE3 has already begun. As usual, Japan is the pacesetter. As temperatures rose at its Fukushima reactor so did Japan’s monetary base – at the rate of 100% per week! What happens to all this new, hot money? No…
Bears Chat, Best of the Forums
Ben Bernanke’s Hot Money
by a Wall Street Examiner • • 0 Comments
Bill Bonner’s latest….
As anticipated, “higher commodities shrink profit margins,” reports Barron’s. Some analysts were justifying high stock prices on the grounds that earnings were at record highs. Of course, if they were at record highs,…
Bears Chat, Best of the Forums
Bubbles Galore in 2011
by a Wall Street Examiner • • 0 Comments
Was going to intro this piece with the Don Ho classic….but these bubbles aren’t TINY….
Welcome to the year of the bubble.
It may seem an odd assertion at a time when many key economies are in, or on the verge of, recession. Yet near-zero intere…
Bears Chat, Best of the Forums
China taps the brakes
by a Wall Street Examiner • • 0 Comments
IMF External Relations Department
Morning Press
Friday, December 10, 2010
China
PBOC Hikes Reserve Requirement Ratio By 50 Basis Points
China’s central bank said today it will raise banks’ reserve requirement ratio by 0.50 percentage points, the sixt…
Bears Chat, Best of the Forums
Thoughts on silver and gold…
by a Wall Street Examiner • • 0 Comments
As the big, hot money flows start focusing on the precious metals, I believe that we will see dramatically increased volatility. That will continue until either something cracks or the market cap of available gold rises to become commensurate with the …
