"The China growth story is starting to unravel," says Deutsche Bank and this - not the Fed - is...

"The China growth story is starting to unravel," says Deutsche Bank and this - not the Fed - is behind market skittishness. The PBOC's seeming desire to engineer a squeeze in the banking system is compounding the pressure. While a full-blown financial crisis may be unlikely, there remains a strong chance of a yuan (CNY, CYB) devaluation, says the team. Continuing strength in the greenback should suck even more liquidity out of emerging markets (EEM, VWO, DEM, EMB).

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  • into dark shadows
    , contributor
    Comments (472) | Send Message
    Spot on,
    the fed has been exposed for not only being untruthful,
    but more than ready to manipulate the already manipulated markets with their mouthpiece Hilsenrath!
    The entire world financial system is going through birth pangs and the progressive endgame will not be something to be cheered!


    The middle east will finally rip apart, thanks in massive part by our president and the lack of any foreign policy(Hillary Clinton was a joke, John Kerry is turning out to be deadly) and the beginnings of WWIII are here folks.


    King Dollar is going to take out the old highs and be careful because when the markets get going to the downside(margin calls / unwinding of leverage) there is nothing left for Bernanke to do but leave the inferno to someone else.
    Take profits if you've got em....
    28 Jun 2013, 02:34 PM Reply Like
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