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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (3873)5/19/2001 7:43:53 AM
From: macavity  Respond to of 33421
 
John,

Devaluation of the Yuan. What are the likely effects for US equity?

I can imagine the Nikkei under pressure, and could see some commodoties sell-off, but I am having a hard time trying to guage knock-on effects for US Equity.

Only idea is that it would be a slap round the head for the QCOM bulls.

I suppose it takes out the USD purchasing power of the 1BN chinese, but this is no real big shakes in terms of world GDP.

Any Ideas?

-macavity



To: John Pitera who wrote (3873)5/21/2001 8:47:54 AM
From: Diana  Read Replies (1) | Respond to of 33421
 
A game of worldwide Competitive Devaluation starting up? "Buy my goods . . . no, buy MY goods . . . . no, mine are cheaper . . ."


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