All it takes for American bond yields to rise is for China to stop buying. And I suspect that they have. They have been the buyer of last resort (other than the Fed through quantative easing) for a v… (View Post)
There is still a hell of a lot of money out there looking for a good home. Look at that insane burst yesterday when the market went up $7trn in a few seconds on the basis of some half arsed comment b… (View Post)
China has the option of increasing domestic consumption to absorb that $23bn of plastics, and quite possibly some American imports as well. The US will find it a lot more painful trying to reduce con… (View Post)