Well, I’ve made my way back to Japan. It’s been almost 10 years since I was last here (I came back to the States in May). 1,952 more words
Tags » Yen
The last time it was this cheap for Japanese investors to buy Treasuries and hedge away currency risk was two years ago, when they were piling in and pushing holdings to a record high. 1,025 more words
Well, the dollar is under pressure on Monday, just as we said it would be on Sunday evening.
The Bloomberg Dollar Spot Index fell as traders digested the failure of the GOP health care bill on Friday. 712 more words
Things should have been worse on Friday for markets. Probably a lot worse.
But Tuesday aside, you get the feeling that everyone is so traumatized by the tendency for bouts of volatility to quickly “mean revert,” that no one wants to make the trades they know they should be making. 449 more words
Think about the events that transpired over the last two weeks. Now think about them in terms of the following two frameworks for how things could have gone. 571 more words