From Big Think, Prof. Lionel Jensen of Notre Dame addresses the claim that Chinese currency manipulation is at the heart of America’s fiscal woes:
AUTHOR
Mick Weinstein
Mick is the Head of Editorial for Covestor, a financial journalist and online content specialist. Prior to joining Covestor, Mick was for five years the Editor in Chief and VP Content at stock market analysis website Seeking Alpha, where he built the editorial function as the site attracted over 3.5 million unique monthly visitors and developed an innovative platform for intelligent stock market discussion. Mick is a graduate of the University of Michigan, Ann Arbor.
380 posts You may also like
Apple has a massive cash hoard. What should it do with it?
This suggests that market risk-taking may be shifting.
A stronger-than-forecast retail sales report and a modest increase in core producer prices initially lifted sentiment, but consumer confidence and semiconductor news soon dented Thursday’s optimism.
It seems as though the Treasury may be preparing the market for a potential change in issuance sizes or duration at some point in the not-too-distant future, though that is admittedly speculative.