"Little Red Riding Hood" and The Warsh Wolf - Macro Market Update by Les Parker

"Little Red Riding Hood" and The Warsh WolfAwooBonds see Warsh walking' in the woods. He’s like Little Red Riding Hood!The Japanese Yen intervention worked. Consequently, Treasuries took a hit as the Dollar sank, and the Euro lost its bullish momentum. Intervention is not the cure, it’s a tourniquet. The cure is a country or economic zone’s solid policies that encourage investment.Did Warsh decide forward guidance is good? It’s widely reported that Warsh is prepared to raise interest rates in September if inflation goes wild.” He did not show his teeth July because he saw the teeth of others in the mirror.These views are mine. Understand the howls from Bonds at TMSpotlight.-----------Song: Little Red Riding Hood (1966) Sam The Sham & The Pharaohs