Countless factors influence the global financial markets, but right now the biggest one is China's yuan devaluation.
Ever since August, when the Chinese central bank shocked the markets with a steep yuan devaluation, the Chinese currency has exerted a powerful - and mostly downward - pull on stocks.
Here's why the yuan carries so much weight - and what will happen next...
Countless factors influence the global financial markets, but right now the biggest one is China's yuan devaluation.
Ever since August, when the Chinese central bank shocked the markets with a steep yuan devaluation, the Chinese currency has exerted a powerful - and mostly downward - pull on stocks.
Here's why the yuan carries so much weight - and what will happen next...
Provincial government officials in northeastern China admitted yesterday that they have been falsifying economic data over the past few years.
Some folks are wondering if we should brace for another market meltdown.
But one seasoned analyst has a very different take on the Red Dragon's news...
China boasts the world's second-largest economy. It is the largest trading nation in the world, the largest manufacturing economy, the largest exporter, and has the world's fastest growing consumer market. The country produces and uses 60% of the world's cement, 46% of the world's coal, and its railway tracks could twice circle the earth.
But China's GDP growth rate is slowing, now on track to slip to a 25-year low in 2015 of under 7%.
And this unlikely economic force is growing. It out-earned China's economy by 40% in 2014 alone...
China reported its most recent GDP figures as 6.9% growth versus the officially targeted 7% everybody was expecting.
Now the media's going to spend the next 72 hours talking about that China's GDP "miss" as if it's a real number. Ignore them.
Instead, focus on the data I'm going to share with you today. China's going to fuel the world's best businesses for decades to come.
The latest data out of China today shows China’s inflation is rising. However, it’s China’s deflation risks that have everyone talking.
The National Bureau of Statics said today (Thursday) that China’s consumer price index (CPI) rose 2% year over year in August and reached a one-year high.
But that wasn't the only statistic investors are eying today...
I love being right...Does that make me a bad person?
I have been warning for months that the market is overvalued, that the global economy is sick, and that stocks are headed for a fall. While CNBC and the rest of the clueless bulls break out the arm-bands, readers at Money Morning - who have been paying attention - should not have been surprised by what happened last week.
The collapse in commodity prices that began a year ago was a raging canary in the coal mine, screaming that something was wrong in the global economy. And that was the faltering of Chinese growth, which all along had been built on a fragile foundation of debt.
China has just made another strike against the U.S. dollar with a new “world bank” – the Asian Infrastructure Investment Bank (AIIB).
By now 57 countries have been approved to join forces in this $50 billion global economic “superpower” cooperative – and the United States is not one of them.
Here’s what China’s new world bank means for the U.S. dollar in 2015…
The Chinese economy – the largest on the planet – faces a $5 trillion threat. And if China’s economy collapses, global markets will go with it.
Watch the video to find out what danger lurks behind the Chinese economy right now more than ever:
The Shanghai Composite Index soared by 8% last week to its highest level since 2008 and is up about 130% over the last year.
The Shenzhen Composite Index jumped by 12% last week and is up 166% over the same period and is now trading at 66x earnings according to Bloomberg, three times the level of the Shanghai Index.
How do you spell "bubble" in Chinese?
The U.S. dollar has been the world's de facto reserve currency for almost 90 years.
But this financial dominance may be nearing its end.
In recent years, China's been floating the idea the yuan should take on the dollar's role as the world's reserve currency.
In fact, the Chinese have already negotiated numerous bilateral trade deals that completely bypass it.
And they've even called for efforts to "de-Americanize" the global economy.
Whatever happens, China's economic rise foreshadows increased influence.
It's a trend that not only has serious implications, but also great profit opportunities, if you know what to expect...
China's "ghost cities" present the West with the shocking images of vast urban areas that sit nearly empty.
In a striking report, shown recently on CBS News' "60 Minutes,"there are rows of high-rise apartment buildings, tracts full of suburban American-sized detached homes and imposing government edifices in China's western desert that are empty and utterly devoid of any signs of life.
Their existence has raised more than a few red flags among investors.
To continue reading, please click here...
The yuan will replace the U.S. dollar as the world’s dominant reserve currency. That’s why now’s a good time to invest in the yuan. Read more...
China plans to add 800 miles to its subway system over the next two years. By all measures, this is a massive infrastructure buildout. Here's what it means for those 1.3 billion citizens and for investors in China, too.
To continue reading, please click here...
To continue reading, please click here...
