Higashiyama ✭✭✭✭✭

Even though duration decreases as yields increase, I personally wouldn’t want to hold a 10 year treasury and I’m terrified of the thought of a 30 year treasury. For an institution, depending on the n… (View Post)

@jmski52 said: “India, Russia, Saudi Arabia and Brazil aren't trivial participants in more aspect than one. Other than Russia, they are all too willing to play both sides of the fence - and they do.”… (View Post)

PPS: and that is one reason why the BRICS initiative will move forward so slowly. The stated goals cannot be achieved, unless China significantly opens up their economy and financial system, which th… (View Post)

PS: that is not to suggest that other countries, in particular India, Russia and Brazil are irrelevant to the global political and economic situation, only that if BRICS becomes a force, there will b… (View Post)

Regarding Federal Reserve notes, @overdate said "Either they are liabilities or they aren't." That is technically a true statement, but what does it mean? Just like there are many different… (View Post)