TIC Confirmation of October

By |2014-12-16T15:09:46-05:00December 16th, 2014|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

With the latest TIC data in hand it looks more and more like “dollar” problems started in the interior and spread outward. What I mean by that is eurodollar banks were the first to see or cause disruption which radiated outward into other currencies and credit systems. That would seem to confirm (for me, anyway) the ECB’s role in kicking [...]