what does it means. this is extremmmmmely bad. a demand shock heard around the currency world.
monetarily the pboc is at their limits... internal inflation is looking incredible unstable in the mainland..
lets see if china is a reflection of what may come to the us?
7.0 is the line in the Sand. All risk assets watching for the main question on all our minds.
Inflation or deflation. I haven't been this excited since team Edward vs team Jacob. Obvious long oil I'm team inflation. In order to see this play out gyna needs to see their currency vs the dollar below the 7.0 line
cpi and ppi showing exactly what ive been saying for months. when you devalue your currency you import inflation and export deflation. industrial production, gdp... etc coming up. the question is.
can china keep a lid on inflation and a forced devaluation? i say Pandora's box is in a precarious position
deal or no deal. if hong kong is crushed any trade deal agreed upon will likely be scrapped. inflation is bubbling more and more and the likely for protesting will increase in intensity. if china cracks down expect no deal or a interim deal voided
african swine flu is taking hold in china making pork prices extremely pricey in china. i expect a de-escalation in the trade front until after chinese new year. china is the largest buyer and producer of pork. if over half their herd is infected during the highest seasonal demand time. the common person in china would loose their ish. the fact is they need to...