Analysis of Forex Trading, Financial Markets, and Economic Policies
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Currency traders have recently been focused on the Eurozone debt problems. Economics professor Joseph Stiglitz and Hugh Hendry from Eclectica Asset Management sat down to talk about the current Eurozone crisis. The following two videos contain their conversation (hat tip to Zero Hedge). My notes/bullet points on the video are also below. Notes: * The [...]
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What was behind today’s sell-off? Panic hit Wall Street today. While not many things changed within the last 24 hours, investor sentiment crossed a tipping point where skepticism and fear transformed into panic. Last week’s negative interest rate cross-over on the 1-month Treasury already suggested that investors were parking their money. Today, widening credit default [...]
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