Zoltan Pozsar re-emerges
Bloomberg/Tracy Alloway, Joe Weisenthal and Alex Harris/6-30-2023
“And so again, you will not have to run with as much FX reserves. And so you know, this is going to have feedback effects on demand for Treasuries in general and on the margin.” – Zoltan Pozsar, Ex Uno Plures
USAGOLD note: An intriguing retrospective of Pozsar’s career and an overview of his Bretton Woods III theory at the link above. Pozsar, who recently departed Credit Suisse previously held positions at the New York Fed and the IMF. He has now launched his own enterprise, Ex Uno Plures
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