If securitization of FCB’s capital outflows is execarbating the inflationary pressures in Emerging CUB…and if the quants using 30 years of bond theory programming, exacerbate emerging market commodity markets…
looks like a bad circle for the CB’s.
Securitization wrapped in bond theory surrounded by sacred cows of dollar hegeonomy?
I’m not sure if thats viable going forward if the steerage in the USS Titanic start looking for a way out.
Saturday, April 5, 2008
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I got spanked hard on currency trading by buying a 3 month commodity CD through Everbank, Ozzie, Kiwi, Rand, and Canadian 900 dollar loss in three months.
playing currencies is either for nimble genius or heavily monied elite.
considering CNY, very small hedge position. tiny in fact almost noteworthy as I know others shorting Chinese equities, and this is really their hedge.
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