’The precarious US debt picture means Fed policy is all about yield curve management these days. Warsh is neither hawk nor dove. Instead - like Bessent - he’s just trying to keep long-term yields manageable.‘ robinjbrooks.substack.com/p/is-kevin-w... by @robin-j-brooks.bsky.social

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Parlant d'Ucraïna i la hipocresia...

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Brazil's election has provided quite a shock. The Real is on course for its worst day against the dollar since 1992...

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Could it be also related to the emergency / reserve stocks which were partly depleted since spring?

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I look concerned when in fact I am a typical cheery German optimist. youtu.be/q2uVRZougS8?...

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