The New World Order And GMM’s New WHQ
#CKStrong
GMM will be going dark for a few weeks as we move our World Head Quarters (WHQ) from the left coast back to Boston to be closer to our Carol K., just released from the hospital after 345 consecutive days. We will be back with more focused content.
Watch This Space
We are waiting anxiously for Monday’s U.S. Treasury release of the TIC data’s, particularly the major foreign holdings of U.S. Treasury securities. We are closely monitoring the foreign official flows into/out of the U.S. Treasury market. March will be the first data point after Western nations sanctioned the Russian Central Bank at the end of February.
Foreign Central banks, which are not price or market-sensitive with their securities holdings, are now net sellers of Treasuries, albeit only slightly, with their holdings hovering around $4 trillion since 2017. At the end of the aughts, central banks owned almost 75 percent of total foreign investments. They were recycling their current account surpluses back into the Treasury market to protect exchange rates from strengthening and becoming overvalued. Today, foreign central banks hold a little over 50 percent.
China
China’s holdings peaked in November 2012 at $1.3 trillion and are down about 20 percent to $1.05 trillion in February. We suspect China has accelerated its sales after the West sanctioned the Russian Central Bank. We believe the Chinese may perceive it would be foolish to keep $1 trillion of their $3 trillion in reserves in a country they view as an increasingly hostile power. Stay tuned.
New World Order
Russia’s invasion of Ukraine will likely usher in a multi-block New World Order with contracting international trade and capital flows, reversing many of the disinflationary forces of the past 25 years.
The numbers to watch in the TIC data on Monday to monitor if the big bang has taken place are China’s and foreign official holdings. We suspect both will be lower.
See you in a few weeks.
Source: https://global-macro-monitor.com/2022/05/13/the-new-world-order-and-gmms-new-whq/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
