Heightened International Tension Strengthens Dollar The conflict between North and South Korea is having a predictable effect on credit markets this morning. Specifically, whenever international tensions kick up, there is a flight to safety, which — at least until now — translates into demand for U.S. dollars and U.S. debt. That strengthens the dollar, and...Read More
“Told ‘Ya So” Department You read it here first — by four days, to be exact: No, it’s not good when already volatile markets lurch downward like they’ve done the last couple days. However, astute financial observers know that such turbulence is also accompanied by a “flight to safety” — in this case, U.S. debt....Read More
Market Melt-Down Creates Refinancing Opportunity No, it’s not good when already volatile markets lurch downward like they’ve done the last couple days. However, astute financial observers know that such turbulence is also accompanied by a “flight to safety” — in this case, U.S. debt. Doesn’t the U.S. have a $13 trillion (and counting) deficit, and...Read More
