Posted by: in Forex News, tags: Absence, Conn, Couple Of Days, Cupboard, Daily Pfennig, Deficit Spending, Excerpt, Fantastico, Job, Lot, News Sources, San Francisco, Vancouver, Week News
News Sources wrote an interesting post today on
Here’s a quick excerpt
Good day… And a Marvelous Monday to you! Hereeeeeee’s Baaaaaacccckkkkk… Oh no! Just when you thought it was safe to open the Daily Pfennig and not get lectured on deficit spending… He’s back! Oh well, It’s been over two weeks, first to Vancouver, then on vacation. We’ve got a lot of catching up to do, eh? Mike and Chris did a Fantastico job of taking the conn on the Pfennig in my absence… So thanks to them… But it’s back to me, and besides a couple of days in San Francisco later this month, I’
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Posted by: in Forex News, tags: 1 Billion, Deficit Spending, Dollar, Excerpt, Flow Data, Foreign Investment, Foreign Investors, Forex, Measures, News Sources, Outflow, Sovereign Governments, Term Success, Treasury International Capital, United States
News Sources wrote an interesting post today on
Here’s a quick excerpt
I’ve said it before: the dollar’s chances of long-term success going forward are slim and none… and slim just left town. Consider the Treasury International Capital (TIC) flow data. TIC measures foreign investment in the United States. This is important because we rely on foreign investors and sovereign governments to continue funding our deficit spending. But the most recent numbers show a major decrease — $23.2 billion in March, versus an outflow of $91.1 billion the previous month. That w
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