
Exchange Rate
European and US equities appeared largely inattentive to a selloff in Asia Wednesday.
In Hong Kong,

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If there is a worldwide small tax on financial transactions, then the US implementation of such should be no big deal. In the past the boogeyman of leverage transactions having not the face value of the option being the value of this stamp, rather the underlying value of the assets being the value of the stamp, has galvanized even the most reasonable of investors.