It will be the end of free money if Weidmann gets the job.

The US has always had a deficit but at least they "pretended" to care about it. This is no longer the case with the current administration, we have massive increased deficit at a time when the economy doesn't need it, do you know what the debt/gdp ...

US treasuries are getting smashed at the moment, that together with the sinking dollar is a clear sign that foreigners are bailing out of US treasuries.

Rate hikes don't matter when the US has such terrible fiscal profligacy with the republican party and Trump. US Fiscal hawks are dead, neither the democrats nor the republicans care about the debt anymore. The dollar is basically worthless with such ...

Actually the dollar has been going down forever, the dollar index has consistently made LH and LL in the last 40 years as the USA's twin deficit kept rising (although it did moderate a little during the Clinton administration). Reserve currency ...

Not if it starts turning off creditors and send bond yields skyrocketing. Trump must think that foreign creditors are stupid, nobody is going to lend the USA a cent if their policy is to devalue the dollar. The 10 yr note would have to yield at ...

Too late to take back what Mnuchin said, dollar is getting crushed as treasuries sink, its clear that foreigners are dumping US debt.

No amount of currency devaluation (unless its 30+%) is going to help the US trade deficit, the US has a spending and consumption problem, both the private and public sector borrows heavily for consumption while the Germans are thrifty and most of ...

My forecast was spot on so its definitely possible to do it profitably. The reason why many people fail is because they lack the know how and/or they apply long term analysis to short term scalping. Fundamentals always assert itself in the long run, ...

There will always be people who think dollars should be worth more, I remember calling the dollar top and shorting it heavily when DXY was above 100 in 2017, back then many argued that the fed was going to raise rates so the dollar should ...

Good for US trade but bad for anyone who lends money to Uncle Sam. So much for US treasuries being a safe investment lol...

Not when it causes interest rates to rise (treasuries fall), capital flight is never a good thing for a net debtor country like the USA. I'd watch the debt ceiling fight in March very closely if I were you, more credit rating downgrades are coming ...

DXY is going under 80 if this clown keep this up.

Agree with Ray Dailo that more gains lie ahead, this is the final phase of the bull market where it goes parabolic, everyone goes all in so the SP500 is likely to go vertical (literally), think of a market crash and imagine that it crashes upwards ...

Most of these countries are poor and they need the money to improve their infrastructure, beggars can't be choosers.

Yep China wants to promote use of the Yuan. The one belt one road initiative already require countries to borrow at least 30% of the investment in Yuan, China is ready to move onto the world stage as US withdraws into its shell with Trump.

The fed was there as the buyer of last resort back then.

The US fiscal deficit is set to move higher in the next few years due to Trump's tax cuts so the 10 yr yield ought to be at least 5% should China stop recycling their trade surplus into US treasuries.

Looks like China is ready to abandon the dollar.

The US is the largest debtor nation in the world, why would it raise interest rates on its own debt when there are still fools rushing in to buy 10 yr notes at 2.5%? The fed isn't "independent" and pigs don't fly.