Guest Post: China Downgrade – Buy The News?

Guest Post: China Downgrade – Buy The News?

Via Kevin Muir of “The Macro Tourist” fame Many traders are getting their knickers in a knot about yesterday’s Chinese downgrade by Moody’s. Suddenly, the Kyle Bass Chinese implosion scenario is on everyone’s lips. The downgrade has fanned the flames that were already burning from the recent sell off in Chinese centric commodities. There can be no doubt China has been suffering from a reduction in liquidity. Over the past few months, the Chinese bond market has imploded. The 5
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