Back In The Saddle

I am back from my very fast trip to NYC. I had a great time at the Fox News Studio. If you saw the segment, the reason for my stupidly big grin during the segment is that (show host) David Asman said something very funny without realizing it and we were all in hysterics.

I also met John Rutledge. He did a couple of other segments on the show. He was very friendly.

When I got back to the apartment where I stayed I saw him doing a segment on CNBC right after having shot the Forbes show. Wow.

I don't really know how some of the guys that make the rounds to so many media appearances do that and do their primary jobs. Perhaps if you have enough people working for you to keep you informed. For now I am my own staff:-)

I had a heck of a time trying to get the story with yuan that broke while I was traveling. According to the blogger archive, the first time I wrote about yuan valuation was on May 7. I have been concerned about this from the start. There is now less demand for US dollar and US debt, I have never been worried about any country selling the US debt they already have though. But future demand is now less than it was.

I don't think it will change a lot short term, but I think it will have a negative impact in the intermediate and longer term. We'll see and I'll write more about it after I have had a little more sleep (I got home at 1 am last night and had to give some attention to our dogs before I could go to sleep).