When looking at the US foreign policy landscape, Dick Bove, banking analyst from Rafferty Capital Markets, notes the emergence of the BRICs nations. It is here Bove sees an emerging power that could challenge US, British and German economic dominance. Russian sanctions boosting money flow to Chinese and Swiss banks Bove thinks it could be the US frozen out of the international banking system, with money flowing primarily to China in the east and Switzerland in the west as a result of recent Russian sanctions. Bove looks at US sanctions against Russia – with instance on punishing entire bank corporations -…
Could Russian Sanctions Boost Swiss, Chinese Banks?
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.