Telling the truth has become a revolutionary act, so let us salute those who disclose the necessary facts.
9 Jan 2019
US Riskier Than China?
Max and Stacy discuss markets concluding that the US is riskier than China as the Treasury must pay a premium over Chinese bonds to attract investors, at least on one year paper. Trump becomes, therefore, the first president to preside over the US becoming less creditworthy than its number one rival - China. In the second half, Max interviews Karl Denninger of Market-Ticker.org about the markets in 2019 - can the Fed put lipstick on the market pig? They also discuss tech stocks, US Treasuries, the US dollar and more.
No comments:
Post a Comment