China devaluation - hedge fund overcrowded trade?
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China devaluation - hedge fund overcrowded trade?

By anotheraccount following x   2016 Feb 4, 11:20pm 906 views   1 comments   watch   sfw   quote     share    


Kyle Bass has been talking about it like it's such a sure trade. In 2011 he was talking about JGBs blowing up. Guess what 10 JGBs are at 0%.

I am starting to think that it makes more sense for the dollar to start depreciating a bit against everything rather renminbi depreciating against the dollar.. If renminbi is weak and dollar is the only strong currency in the world, we are going to import a lot of deflation.

1   Tenpoundbass   ignore (6)   2016 Feb 5, 4:28pm   ↑ like (0)   ↓ dislike (0)     quote      

tr6 says

If renminbi is weak and dollar is the only strong currency in the world, we are going to import a lot of deflation.

Shave and a hair cut two bits!


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