This Explains A LOT (And It’s Still Not Enough)

By |2018-01-26T13:23:43-05:00January 26th, 2018|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

NOTE: This is really the second half of an earlier missive on the changing nature of the eurodollar system post 2014-16. While it’s not absolutely necessary to read the first here, it’s probably a good idea. The reason nothing ever goes in a straight line is that first everything is always changing. How and why are questions we often don’t [...]