China Dumps US Bonds For 3rd Straight Month But Look At What Hedge Funds Are Doing
As we move through the back half of trading in July, China is dumping US bonds for the 3rd straight month but look at what hedge funds are doing.
As we move through the back half of trading in July, China is dumping US bonds for the 3rd straight month but look at what hedge funds are doing.
Today former U.S. Treasury official Dr. Paul Craig Roberts takes KWN readers on a trip down the rabbit hole of propaganda and a Budget Director, David Stockman, who would not listen and was wrong.
After a rough start to the summer, gold and mining shares may be set for a major surge.
Today one of the greats in the business noted that what is happening in the gold market is remarkable.
Today the man who has become legendary for his predictions on QE, historic moves in currencies, warned King World News about a total recipe for disaster that will make people’s life savings disappear in the blink of an eye.
Today King World News spoke with a legend in the business who helps oversee more than $188 billion, and what he had to say about central banks and the inflation/deflation debate was fascinating.
Rob Arnott: Chairman & Chief Executive Officer of Research Affiliates – Rob’s firm RALLC manages and licenses over $180 billion and also sub advises mutual funds and ETFs for the Schwab Funds, Powershares and Nomura. He is also portfolio manager on the PIMCO All Asset and All Asset All Authority family of funds and a suite of PIMCO products based on the Fundamental Index® approach….
Rob Arnott: Chairman & Chief Executive Officer of Research Affiliates – Rob’s firm RALLC manages and licenses over $180 billion and also sub advises mutual funds and ETFs for the Schwab Funds, Powershares and Nomura. He is also portfolio manager on the PIMCO All Asset and All Asset All Authority family of funds and a suite of PIMCO products based on the Fundamental Index® approach….
With the price of gold surging more than $10 and the dollar tumbling, a warning has just been issued by one of the legends in the business.
Since there was not a lot of movement in major markets today, here is a little something to break the ice.