Re: China & The Dollar
Good post.
You mentioned Treasuries. China will now need to purchase FEWER of these; this will have an upward effect on USA rates.
Also, the play here by China makes it easy for them to purchase stuff here (read: shares of energy and natural resource companies) and makes their merchandise more expensive here for US (WALMART) consumers.
One way to benefit is to consider shares in Asian ETFs which may be direct beneficiaries of the new imbalances created by gettnig rid of the dollar peg.
See EWS, EWM, EWY, EWA.
Short WALMART, long Asain ETFs sounds like the right idea.
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