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Macro: Global risk in one chart:

14 Mar

This is 5 Year US CDS from Russia and China – Russia is concerning but the recently “accepted” defaults in China also have increased the CDS prices. China now trades ABOVE (worse than) Ireland:

http://www.bloomberg.com/news/2014-03-14/china-bond-risk-exceeds-ireland-as-defaults-unavoidable.html

Sent to me by

Steen Jakobsen | Chief Investment Officer at Saxo bank

Research: http://www.tradingfloor.com/traders/steen-jakobsen

Who has an uncanny ability of being right on these things

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Posted by on March 14, 2014 in Investments

 

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