So what would Yellen do?
Even in “rich countries,” more and more people “are no longer willing to tolerate the status quo.”
The circuitous hidden wonders of paying interest on “excess reserves.”
It blames the Fed & Bernanke; the dark side of “healing” the housing market.
It’s all about cheap labor.
Worse than the 1994 “Bond Massacre,” with “sustained double-digit losses on bonds, subpar growth in developed markets, and balance sheet risks for banking systems….”
Last time the index declined was in November 2009.
Even a Fed dove! This could get interesting.
The “death of the dollar” will have to be rescheduled.
7th week of US Government debt “carnage” continues unabated.