| Is the recent gain in the CNY an engineered feint? The Chinese currency is gaining against the dollar. That SHOULD be an ‘all-clear’ signal that reflation, global trade, and positive momentum are in place. But we DO NOT see corroborating evidence on the People’s Bank of China balance sheet. Maybe the move is an engineered feint?Jeff Snider, Head of Global Investment Research for Alhambra Investments with Emil Kalinowski. Artwork by David Parkins. Topics & Time Codes Articles Referenced Podcast Locations Follow |
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