DavidL

Trump folds to the bond market and withdraws his "permanent" tariffs for 90 days. Well, its good news of a sort but we are still a long way from anywhere like sanity. And China might just b… (View Post)

A Labour Chancellor once explained that when you are in a hole the first thing you need to do is stop digging. Borrowing £100bn a year when we already had a debt problem was not and is not the answer. (View Post)

Said that earlier. The only viable response would be for the Fed to buy another $750bn of bonds through QE which would surely end the US position as the reserve currency forever. (View Post)

I think it is back to the no free lunch idea. We were more “creative” with our QE than most and the markets do not forget that. It was a default in all but name and many investors lost out big time. … (View Post)

No naysayers to that. (View Post)