“Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria.”
Thursday, January 11, 2018
Theoretically Though, It Could Halt Them
China denies report it could halt US bond purchases
China denied on Thursday a report that it may slow or cease its purchases of US Treasury bonds, calling it a possible case of "fake news" after the dollar tumbled following the story. Bloomberg News reported Wednesday that officials reviewing China's foreign-exchange holdings had recommended slowing or halting purchases of US Treasuries, citing people familiar with the matter.