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  • Why the US Dollar is only going to fall faster and harder

    From scmp.com

    The US dollar slide has entered the early stages of what looks to be a sharp descent, having already fallen by 4.3 per cent in the four months ending in August in terms of its real effective exchange rate – the index that matters the most for trade, competitiveness, inflation and monetary policy. This recent pullback comes after its nearly 7 per cent surge from February to April, when the dollar benefited from the flight to safety triggered by the Covid-19 economic shock. But even with the recent modest correction, the dollar remains the most overvalued major currency in the world. I continue to expect this broad ... (full story)

SCMP and Yale news. China sponsored?
With the US treasury printing money like confetti, the dollar must ultimately fall. that is the objective to try to support the stockmarket particularly with the election looming
Quoting CashRel
SCMP and Yale news. China sponsored?
It's owned by the Alibaba group and operates from HK, so while not exactly a state mouthpiece it's definitely under the thumb.
Edit: You can read about SCMP transparency, censorship and propaganda controversies on its wiki page:
https://en.wikipedia.org/wiki/South_China_Morning_Post


Are you asking because they're saying the dollar is going to go down? I'm assuming here you wouldn't be if they said it's only going to go up.
Devaluation of a currency is not an inherently bad thing, same way the appreciation of a currency is not universally positive.
These guys are dreaming or on another planet.
Quoting Eccles
{quote} It's owned by the Alibaba group and operates from HK, so while not exactly a state mouthpiece it's definitely under the thumb. Edit: You can read about SCMP transparency, censorship and propaganda controversies on its wiki page: https://en.wikipedia.org/wiki/South_China_Morning_Post Are you asking because they're saying the dollar is going to go down? I'm assuming here you wouldn't be if they said it's only going to go up. Devaluation of a currency is not an inherently bad thing, same way the appreciation of a currency is not...
Okay. Do they have free access to what is going on in China to report freely?
Quoting CashRel
{quote} Okay. Do they have free access to what is going on in China to report freely?
Does Fox news report anything REAL and of substance? Do CNN and the rest of the media present anything truthful????

Does our BBC in UK report anything decent (before I forgot, our own Laura K)?? Does our own mainstream media report anything truthful. Does our Guardian, report anything centralist apart from its left views? Does our Telegraph, Daily Mail, Express report anything away from its far right views??

Just name one media that is impartial in its reporting and it would be case closed for all. But the sad thing is there is freaking none......

The old crow calling the pig black, as usual.
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  • Posted: Sep 28, 2020 1:19am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 6  /  Views: 7,283