China Markets yuan

Albert Edwards: ‘It’s Difficult To See How The Renminbi Can Do Anything Other Than Fall Sharply’

"And with the Fed heading decisively in the opposite direction, is it any wonder the renminbi slumped in June?"

"And with the Fed heading decisively in the opposite direction, is it any wonder the renminbi slumped in June?"
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1 comment on “Albert Edwards: ‘It’s Difficult To See How The Renminbi Can Do Anything Other Than Fall Sharply’

  1. Error404

    “Unlike everyone else on the planet, I don’t pretend to know how any of this is going to pan out, all I know is how it all fits together.”

    Somebody – not me, but I forget who – once said/wrote that there are three types of observer in the markets: those who don’t know they don’t know; those who know they don’t know, but are paid to pretend that they do know; and those who know they don’t know, and are free to admit it. Nice being the latter.

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