"thou shalt not attempt to see logic in the currency markets"
Oh there is logic to the madness. People want to play another round of Al's pyramid scheme (this time it's called "V-shaped-recovery" or "new bull market"), and need dollars to do that. And the speculators are pissed that the ECB doesn't join their game. Poor lads.
The Fed has managed to **** up markets to a degree even I wouldn't have thought they'd want to or be able to. This also means it's accident time. Just look at the 10 and 30 year bond yields after the treasury sheenanigans.....
Col:
"...whether it was Filips the Bold or Filips the Good who installed the States General in Flanders"
"installed" ? Shouldn't they be older than that ?
Oh there is logic to the madness. People want to play another round of Al's pyramid scheme (this time it's called "V-shaped-recovery" or "new bull market"), and need dollars to do that. And the speculators are pissed that the ECB doesn't join their game. Poor lads.
The Fed has managed to **** up markets to a degree even I wouldn't have thought they'd want to or be able to. This also means it's accident time. Just look at the 10 and 30 year bond yields after the treasury sheenanigans.....
Col:
"...whether it was Filips the Bold or Filips the Good who installed the States General in Flanders"
"installed" ? Shouldn't they be older than that ?
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