Currently, TLT is held short by the system...this is the PL since inception of TLT for a unleveraged trades with starting account capital of $450,000. That does not mean that all $450,000 is allocated to live trades. The allocations are conservative on a percentage of assets basis.
The Fed's Real Job: Propping Up Dollar Reserve Currency Status
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Alexander Salter and Joshua Hendrickson argue that the Fed's actual
institutional role is to backstop U.S. dollar hegemony.
4 hours ago
