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…
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Subprime lending w…
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The remarks w…
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WHAT’S TO BE DONE about America’s housing rot? The problem has defied solution, be it in record-low mortgage rates, government tax schemes or slashed pricing, in part because it…
