Chinese Checkers.

Wednesday was all about China. "China?! China."   U.S. investors woke up to news that Beijing is considering "slowing or halting" Treasury purchases and the knee-jerk reaction was visible everywhere. Yields spiked (only to completely retrace as Treasurys pared losses following a solid 10Y auction): Gold rose: The dollar careened lower and EURUSD jumped (one natural way for the Chinese to diversify would be t

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2 thoughts on “Chinese Checkers.

  1. Remember when Donald Trump accused the father of Ted Cruz of collusion with Lee Harvey Oswald in regards to the JFK assassination based only on a black-and-white photograph in a tabloid? Can we please backdate these new libel laws? Plenty of work to do