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Dethroning the King: Five ways Trump could weaken the dollar

Dethroning the King: Five ways Trump could weaken the dollar Can President Trump instruct the US Treasury to intervene in FX markets and weaken the dollar? Twelve months ago, we wouldn’t have even considered this question. But under this new mercantilist US regime, who knows? We identify five ways in which Washington could try to engineer a weaker […]

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It’s Official: China Confirms It Has Begun Liquidating Treasuries, Warns Washington

It’s Official: China Confirms It Has Begun Liquidating Treasuries, Warns Washington On Tuesday evening, we asked what would happen if emerging markets joined China in dumping US Treasurys. For months we’ve documented the PBoC’s liquidation of its vast stack of US paper. Back in July for instance, we noted that China had dumped a record $143 billion in US […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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