Nov 19th, 2009 |
By Rob
The world has followed Obama's recent visit to Asia, especially his visit to China, with hopes that Asian currencies would be allowed to appreciate over the short term. China's Renminbi has been re-pegged to the U.S. dollar since mid 2009 and should be allowed to appreciate vs. the dollar, as every major currency has over
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Posted in DS Video, Global Slice |
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Tags: America, Carry Trade, china, Chinese Financial Policy, Chinese Yen, Chinese Yuan peg. depegged, Currency, CYN, CYN pegged to USD, Dollar, equities, Exchange Rate, finance, futures, macro economics, Obama, options, Peg, Profits, Renminmbi, repegged, trades, U.S., U.S. Treasury Policy, USD, yen
Nov 13th, 2009 |
By Rob
The below video was simply too shocking to not have a post dedicated to it's exposure… This clip truly tells the story of Chinese growth and government stimulus in one stroke. Suprisingly, in the development void of inhabitants, most units have sold as investments. Government owned, the city doesn't have to worry about the negative effects of waiting
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Posted in DS Video, Soap Box |
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Tags: china, China GDP, China growth, China stimulus, construction, Construction spending, earnings, economy, futures, GDP, growth, Housing, investment, market, profit, stimulus, stock, stock market
