Monday, June 21, 2010

The Chinese are Coming!

It was inevitable.  The Chinese revaluation had to happen, the currency manipulation by China was going to end.  Theoretically, this should help US exporters who can sell more cheaply to China.  It seems like political posturing ahead of the G20.  I have put down some bear bets here. 

2 comments:

nicasurfer said...

tell me what it is gonna do for bonds.US bonds

Market Owl said...

US bonds should selloff but I don't trade bonds so its just a textbook guess.