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In this post, Mark Mobius argues that China’s new renminbi policy does not dramatically change his overall outlook on Chinese stocks. [...] More on this topic (What's this?) The Madness of Crowds: How to Play Bonds, China, and Gold in 2012 (Money Morning, 1/11/12) Another China Yuan ETF: Rydex Launches The CurrencyShares Chinese Renminbi Trust (FXCH, CYB, CNY,... (Wall Street Sector Selector, 10/5/11) RMB vs DSUM: Comparing the New Dim Sum Bond ETFs (Jutia Group, 9/29/11)
“From all indications, it seems the U.S. most likely will only start slashing spending and implementing necessary measures − with some degrees of urgency − when coming under pressure from bond markets, similar to Greece and Spain. Fortunately, and unfortunately, one luxury of being such a big spender is that the U.S. practically holds its debtors hostage. Nevertheless, the day of reckoning could be coming, probably as soon as the euro zone comes out of this crisis … one way or another,” said Dian Chu in this guest post. [...] More on this topic (What's this?) Six Reasons Roubini is Wrong about the Recession (Wealth Daily, 10/15/11) Roubini Vs. the Market (Crossing Wall Street, 4/19/10) Everybody Predicted the Financial Crisis (Crossing Wall Street, 6/10/10)
By Cees Bruggemans, Chief Economist of FNB. After gaining 22% on real trade-weighted this past year, from undervalued to overvalued, the Rand is not going to stand still during 2010-2013. But what will it be, feast or famine, and in what order? It doesn’t help the [...] More on this topic (What's this?) Prepare for Europe – "It's Going to Be Ugly" (Money Morning, 1/16/12) Take Heed! How the European Crisis Could Hurt U.S. Stocks (Wall Street Daily, 1/19/12) EU Summit Produces a Long-Term Solution for a Short-Term Crisis (Investment U, 12/16/11) | ||||||||||||||||||||||||||
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