If there’s anyone worth listening to in Washington these days, it’s Paul Volcker. So why is the great man nowhere to be found? When it comes to the ups and downs of the economy, there is only one man who can claim to have seen it all – Paul Volcker. At six-foot-seven, Volcker towers over all other policy makers in both the literal and figurative sense.

More losses… Currencies rebound… Jumping off the bandwagon…  Slowing renminbi appreciation? And Now… Today’s Pfennig!