China & Bond Market Are Quicksands Part 3
Continued from Part 2. BOND MARKET QUICKSAND The biggest danger is that money flows away from negative yield investments into junk bond and highyield corporate bonds of equivalent junk bond grade. Added to that risk is the likely drag of downward pull of longer-dated 10-yr treasury bonds yield, fueling a bond market rally that...
China & Bond Market Are Quicksands Part 2
Continued from Part 1. SO WHAT IS THE OUTLOOK FOR CHINA & GLOBAL ECONOMY? Notwithstanding the weaker crude, bulk commodity prices & Yuan’s August devaluations, September trade figures in Yuan-denominated terms, indicate weak domestic demand and tepid external conditions. The downward pressure on the Chinese economy...
Putin is the best thing to happen in the Middle East
Putin is the man that the evil American Empire must face up with. His decision in eastern Europe has put a stop to American aggression and encroachment into Russian sphere of influence. What is more important is Putin’s decision to send in his military forces into Syria. The presence of the Russian troops, ships and aircraft...
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