What will be the impact of renminbi appreciation versus the U.S. dollar? Last time it occured against the backdrop of a weakening U.S. dollar and the result was inflation
.
Hugh Hendry made the connection between yuan appreciation and oil appreciation.
Yuan and Oil—The Bubble Connection?
Here's a link to all the posts about renminbi. I have both count and counterpoint, some blogs discuss RMB appreciation and others depreciation.
If there is appreciation going forward, I anticipate gold, gold miners (plus other hard assets and hard asset producers) and SE Asian markets to perform well.
Renminbi depreciation would be a symptom of global deflation.
Aristocrat Leisure Completes Acquisition of Neo Group Ltd. (f/k/a NeoGames)
for $29.50 per Share
-
LUXEMBOURG, April 25, 2024 (GLOBE NEWSWIRE) -- Neo Group Ltd. (formerly
known as NeoGames S.A.) (Nasdaq: NGMS) (“Neo” or the “Company”), a
technology-dri...
No comments:
Post a Comment