US Dollar Status as Global Reserve Currency?

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter So, how hot is the Chinese Renminbi? And is the euro dead yet? The US dollar’s role as global reserve currency is defined by the amounts of US dollar-denominated assets – US Treasury securities, corporate bonds, …

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Trump vs the Federal Reserve

by Martin Armstrong QUESTION: Mr. Armstrong; A spectacular call. You gave the day and the market bottomed within 100 points of your number. You always nail it. I find it curious how they blamed Trump and the Fed. Can Trump fire …

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PBOC cuts reserve ratio to lower than 2008 financial crisis level to keep pooh bear’s China wet dream afloat

will this be miraculous growth stimulus like how it was in 2008? or will this be a death trap waiting for the chinese banks when the bubble actually pops https://www.bloomberg.com/news/articles/2018-10-07/pboc-cuts-reserve-ratio-for-some-banks-jmyd3ly1 China’s central bank cut the amount of cash lenders must …

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