MarkZ
[via PDK]
I am...hearing the only reason the RV did not go over the weekend was fights over the value of some old German bonds. But things are now “unstuck” and seems to be moving much quicker now that the current administration is no longer delaying things . They are too preoccupied to keep slowing and stopping things right now.
I know of a lot of banks with meetings…Are they preparing for a banking crash? Are they preparing for a Re-valuation? What are they preparing for?
I don’t think it’s a banking crash because they keep opening up wealth management offices? To me it makes more sense that they are preparing for a revaluation.
There is so much going on this morning. There are all these rumors that they have the rate - but we can’t go to the bank yet. So take them with a bit of salt...
Folks in Geneva and the WTO are dead quiet. If they are trying to keep the RV quiet like Kuwait-they may be trying to keep the WTO news quiet until they have taken some of us in…and announced things publicly.
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