Talk of one large US bond fund in trouble, apparently heavily engaged in EM, Pan Asia and Eastern Europe, first they bail on the bonds and then...
I do not think property bubble collapse is the first impulse of china financial collapse, but the most powerful thing is the way of credit...
Most people do not believe that SNB rumor, but I dare not short EUR/CHF. If I am wrong, there is no chance to S/L such position.
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