Leverage In Argentina Is More Than Leverage And Argentina

By |2018-02-12T16:09:27-05:00February 12th, 2018|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

China’s shock “devaluation” was not the only one in 2015. It was the currency disruption that most people remember, even if years later they’re not sure exactly why. Paying attention to CNY makes sense, requiring no further explanation for why it might be given focus even from the otherwise unaware. In December 2015, while global liquidity conditions further deteriorated the [...]