(Bloomberg) -- Central banks around the world are swapping their stockpiles of US Treasuries for cash -- just in case they need to intervene in markets to bolster their currencies.
Foreign monetary officials purged...
Markets:Gold up $1 to $1661US 10-year yields up 6.1 bps to 3.81%WTI crude oil -$1.52 to $79.71S&P 500 down 55 points, or 1.5%, to 3585GBP leads, NZD lagsClose the books on a brutal...
The US dollar was the strongest currency this week and the strongest currency today. The NZD was the weakest of the majors today. The greenback this week, rose against all the major...
By Egon von Greyerz
The world economy and especially the political and economic situation today consists of a potpourri of lethal ingredients which will have dire consequences.
Let’s look at what this deadly potion consists of:
Debts...
