SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The coming US dollar crisis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Giordano Bruno who wrote (5302)3/20/2008 9:13:47 PM
From: Real Man   of 71456
 
Credit crisis spilled over to FX swap market. This helps
to understand TIC flows as well. Basically, in times of
stress, foreign banks need USD liquidity, and their CBs
thus provide. In addition, they turn to currency swaps
to get USD, which is why we are seeing buying from the
Caribbean and London, and a stable dollar. As that subsides,
the dollar continues to fall. Some deflationary forces there.

bis.org

Quite a few defaults are being priced in corporate bonds.
Which market is right, is it the stock market or the bond
market?

A chart of subprime resets shows the mess continues "at the
highs" well into August, but declines substantially by
Winter 2009
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext