Archive for August 31st, 2013

Deeper Analysis

August in Figures

August 31, 2013

August was a difficult month for equities and for U.S. and European sovereign debt.  Central bank leaders failed to convince markets that a change in quantitative monetary easing wouldn’t constitute a shift in overall monetary policy for the simple reason that it isn’t so.  Dollar/yen experienced only a minuscule net change in August, and JGB […] More

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