What happens to prices when the biggest, reckless buyer walks away?
The upside is fake stability. The downside is too ugly to contemplate.
The last big enthusiastic buyer, China, is leaving the party.
Its largest & second largest markets. In how much trouble is it?
Are these Conglomerates the Black Swan in China?
Sudden Financial Meltdown is “less likely.”
New CEO Cuts Costs: Ford shifts production of compact car from Michigan and Mexico to China.
The HK dollar is pegged to the US dollar. HK monetary policy follows the Fed. And the Fed is raising rates.
“We know as we’re investing there, we’re also creating a competitor.”