TIC Update As Usual Offers Confirmation And Maybe A Warning

By |2016-05-20T16:05:32-04:00May 20th, 2016|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

The Treasury Department’s updated official custody figures show us nothing unexpected. As usual, the TIC numbers are useful more so in corroboration of what contemporary analysis had already described. In the case of March 2016, we find just the sort of apparent reduction in “dollar” pressure that matches observation of general global conditions after February. Total net “flow” was +$64.7 [...]