Ultimate Economic Showdown: China vs. the U.S. [View article]
Every time somebody wanted to "bury" USA, it became stronger. China might say whatever it wants, but it still supports dollar against own currency. Sharp growth of US dollar in the last three months tells you something too. When it hits the fan, everybody wants US treasuries, thus supporting US dollar.
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Every time somebody wanted to "bury" USA, it became stronger. China might say whatever it wants, but it still supports dollar against own currency. Sharp growth of US dollar in the last three months tells you something too. When it hits the fan, everybody wants US treasuries, thus supporting US dollar.
Oct 28 12:14 pm
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All Comments by Alex Filonov »Ultimate Economic Showdown: China vs. the U.S. [View article]
Disclosure: long UUP.