Stocks, oil and ten year yield all down. Someone is doing the rush to safety, maybe this has something to do with it:
European economists publish letter urging debt cancellationOur FX insurers are deathly afraid of a Euro Nixon Shock, which is what the unthinking economists propose. Of all the stupid stunts, having a bunch of economists propose a sudden Nixon Shock has got to be the worst.
No comments:
Post a Comment