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  • What Does ETF Money Flow Tell Us About Gold? [View article]
    The AAA (or less) rating refers to the risk of sovereign default on the Treasury bonds.
    As long as the US has a central bank that can print money when Treasuries fall due, the risk of default is nil.
    The risk for the lenders is receiving devalued dollars.
    Jun 15 07:30 am |Rating: 0 0 |Link to Comment
  • How Will the U.S. Stress Tests Impact Asia? [View article]
    [The methodology behind the stress tests are scheduled for release on Friday, 24th April, in the form of a white paper by the Fed, ]

    This will be the interesting part: How bad IS the worst case economic scenario foreseen by Treasury.
    Will it be too optimistic? Then the test is rather worthless.
    Will it be too pessimistic? Then it may create more panic in its own right.

    I look forward to see the blogs and interviews of the best economic brains scrutinizing the methodology.
    Apr 20 21:22 pm |Rating: 0 0 |Link to Comment
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