Shifting Away From the U.S. and Into Asia: An ETF Play [View article]
An revaluation of the Yuan will affect all Asian currencies.
And while the YUAN isn't officially linked to the US dollar anymore the way in which it's managed by the Chinese is a defact link.
I still prefer the basket of Asian companies as my way to play Asia over specific Chinese companies. I will give up upside to gain diversification and safety.
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An revaluation of the Yuan will affect all Asian currencies.
Nov 09 18:04 pm
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All Comments by David Neubert »Shifting Away From the U.S. and Into Asia: An ETF Play [View article]
And while the YUAN isn't officially linked to the US dollar anymore the way in which it's managed by the Chinese is a defact link.
I still prefer the basket of Asian companies as my way to play Asia over specific Chinese companies. I will give up upside to gain diversification and safety.