Federal Reserve Responsibilities Outsourced to China
The Fed Chairman was overheard to remark: “If we can’t do it, maybe they can” >The Peoples Bank of China (PBOC) announced to day...
Careful What You Wish For . . .
Talk about timely: Yesterday, I pointed to a fascinating piece of research/commentary from GaveKal Research Limited of Hong Kong,...
Playing With Fire?
John Mauldin points to a recent piece of research from GaveKal Research Limited (Hong Kong, Stockholm and New York) on the Chinese RMB...
Dollar Rebound ?
Is the Dollar’s recent strength a reflecton of improving conditions in the US — or Europe’s ongoing malaise? Thats the...