Useful points made by Senior Fellow at Council on Foreign Relations (CFR) Brad Setser.
I'd only add that China has already begun to let the yuan drop. We had the heads up on this from HSBC, and they were spot on:
(USD/CNY chart below)
Useful points made by Senior Fellow at Council on Foreign Relations (CFR) Brad Setser.
I'd only add that China has already begun to let the yuan drop. We had the heads up on this from HSBC, and they were spot on:
(USD/CNY chart below)
Most Popular
War costs clash with Trump's boom promises. High gas prices & poor jobs numbers hit affordability.
The Trade Desk's 80% sell-off & 14x P/E discount signals a buy. OpenAI deal could double its stock.
WW revenue down 18.8% expected. Peers show mixed results; WW faces valuation questions.
GETY faces Q1 earnings with flat revenue outlook. Down 25.4% monthly, it trades at $0.75 vs $3.93 target.
NVDA's 73% revenue growth & 22x forward P/E beat S&P 500. AI data center spend fuels future returns.
MSFT dips 18% on AI risks & slowing cloud growth. Valuation may face compression.
Rivian's R2 launch targets <$50k market. With a 3.7 P/S, it's cheaper than TSLA pre-Model 3.
Must Read