(1:30) – Centrifugal Force: Markets Coil Then Jump (9:20) – Big Move In Bonds: Financial Plumbing Pressures (15:10) – Richly-Valued Growth Stocks Overdue to Correct (20:40) – GameStop Stock Surges Again: How a Pro Traded It (24:15) – Stimulus + Growth + Inflation = Commodity Prices Rising (29:00) – Technical […]
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US Greenback as “Global Reserve Currency” amid Fed’s QE and US Govt Deficits: Greenback Hegemony in Decline
Other options also shaky. Central banking institutions leery of Chinese RMB, its share continue to irrelevant. Euro’s share is trapped. But the yen’s share has been increasing. By Wolf Richter for WOLF Street. The US dollar’s posture as the dominant global reserve currency is an immensely crucial issue in supporting the ballooning US […]