China News

Reads to me like policy is moving back towards growth and ‘inflation?’ I don’t expect runaway inflation but enough to continue to fundamentally continue to weaken the currency. China’s currency has been fundamentally weakened for the last couple of years, while being supported vs the dollar by foreign investment, speculation, and what looks to me […]

Back from a week off

[Skip to the end] Been away for a week. First impressions: Seems world fiscal responses both automatic and more recently proactive have turned the tide. Looking for a quick return to positive GDP (from very depressed levels) helped by very low inventories in general. But relatively slow returns to ‘normal’ in many sectors as well. […]