Policymakers need to restore confidence in government balance sheets by cutting debts and deficits while supporting growth, according to experts meeting alongside global officials during the Annual Meetings of the IMF and World Bank. IMF Survey Magazine
Markets will remain firmly focused on events in Europe following yesterday’
This, according to a hedge fund manager that has decided to cancel all of his fund’s bearish bets on the Japanese Yen. The reason: the yen is rising, and it’s unclear when – or even if – the government will intervene to push it back down. Even though the yen’s strength is fundamentally illogical, it [...]
There are plenty of investors that think betting on China is as close to a sure thing as there could possibly be. The only problem is that investing directly in China’s economic freight train is complicated, opaque, and sometimes impossible. The Chinese government maintains strict capital controls, prohibits foreigners from directly owning certain types of [...]
The decline of the Dollar over the last decade indicates that investors are rapidly losing confidence in the currency. At the very least, the twin deficits (referring to trade and government spending) have caused global investors to reconsider what they think the Dollar is worth.