Hussman Funds - Weekly Market Comment: July 25, 2005 - China Revalues
In his weekly commentary, John Hussman takes a similar view of the USD/CNY situation as I do. He goes into much more detail if you want a good read.
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1 comments:
So the guess is a decline in the dollar in the next months and years?
Of course with the realization that currency speculators along with China's desire to make them pay and maybe profit from them along with other events means that it won't be straightforward.
So let's say one is going with this guess and is also guessing that at some point this is going to impact the US stock market. Is it a reasonable risk to hold cash with the expectation that many foreign stock markets will echo the (hypothesized) US fall? Then buy into these markets.
I know there are a lot of ifs here.
- Helen
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