The Undollar Digest

A Prominent Indicator of Financial Conditions

Doug Noland, www.prudentbear.com, 06/18/2010
Markets now appreciate that massive stimulus can’t assure market stability.  Indeed, further deterioration in government finances is now recognized as creating instability, uncertainty, and heightened systemic risk…
I would find it very surprising if the European debt crisis did not mark a key inflection point for the global leveraged speculating community.
I would [...]


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