Economic Interventions Questioned Amidst Market Volatility

Intervening Oneself Out Of Quagmire?

Intervening Oneself Out Of Quagmire? By Elwin de Groot, head of macro strategy at Rabobank Intervening Oneself Out Of Quagmire? Yesterday’s market moves again showed that jawboning and temporary interventions are rarely enough when the underlying problem is fundamental. As a “thank you” for Trump’s last-minute intervention to reduce joint US-South Korean military drills – and his claim to have spoken with Kim Jong Un – Pyongyang launched around 10 ballistic missiles on Thursday,...

By Tyler Durden