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Case For Holding Gold – The Lombard Odier View
BySirhcTom Burroughes, Group Editor , London, 22 July 2020 The Swiss private bank sets out the reason for holding the yellow precious metal in portfolios. The commentary is another turn in the debate about the role gold should play in wealth management. The case for gold often arises when risks appear to be higher than…
“Panic At The Repo”: One Of The World’s Top Repo Experts Explains What Really Happened
BySirhcAuthored by Curvature Securities‘ Scott E.D. Skyrm, one of the world’s most-respected repo market participants and experts. 10/08/2019 – 15:28 Panic At The Repo As a professional trader, I keep an eye out for the next panic or market crisis. Since the beginning of my career, there was a crash or panic every few years in…
A ‘growing club’ of ‘very powerful countries’ is steering away from using the dollar
BySirhcKEY POINTS The U.S. dollar has been the world’s major reserve currency for decades, but that status could come under threat as “very powerful countries” seek to undermine its importance, warned Anne Korin, from the Institute for the Analysis of Global Security. Korin says China, Russia and the European Union are some “major movers” behind…
U.S. national debt tops $22 trillion for the first time
BySirhcPublished: Feb 12, 2019 5:00 p.m. ET By Jeffry Bartash, a reporter for MarketWatch in Washington. U.S. financial picture getting worse in wake of Trump tax cuts The U.S. national debt topped a record $22 trillion this week, less than a year after it crossed the $21 trillion mark, indicating a further deterioration in the nation’s…
Fed’s Second 42-Day Repo Oversubscribed As Rising Repo Rate Confirms Year End Liquidity Rush
BySirhcZeroHedge by Tyler DurdenMon, 12/02/2019 – 08:33 One week after the Fed’s first 42-day term repo which for the first time allowed dealers to lock in funding into the new year and which was 2x oversubscribed, confirming a growing scramble for year-end funding, traders were keenly looking ahead to the result from today’s second 42-day repo…