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Olduvai III: Catacylsm
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“Nowhere To Hide” As Baltic ‘Fried’ Index Careens To Fresh Record Low

“Nowhere To Hide” As Baltic ‘Fried’ Index Careens To Fresh Record Low Another day, another fresh all-time record low in The Baltic Dry Index as Deutsche Bank’s “perfect storm” appears ever closer on the horizon. Plunging 4.7% overnight to 445 points, this is 20% lower than the previous record low in 1986 and as one strategist warns, “It’s […]

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A “Perfect Storm Is Coming” Deutsche Warns As Baltic Dry Falls To New Record Low

A “Perfect Storm Is Coming” Deutsche Warns As Baltic Dry Falls To New Record Low Following disappointing China PMI data and a collapse in US ISM Manufacturing imports data, the fact that TheBaltic Dry Index has collapsed to fresh record lows will hardly be a surprise to many. However,as Deutsche Bank warns, a “perfect storm” is brewing […]

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How China Cornered The Fed With Its “Worst Case” Capital Outflow Countdown

How China Cornered The Fed With Its “Worst Case” Capital Outflow Countdown Last week, in “What China’s Treasury Liquidation Means: $1 Trillion QE In Reverse,” we took a look at the potential size of the RMB carry trade, noting that according to BofAML, the unwind could, in the worst case scenario, be somewhere on the […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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