-
Archives
- June 2020
- May 2020
- March 2020
- February 2020
- January 2020
- November 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- August 2018
- June 2018
- March 2018
- December 2017
- June 2017
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- March 2015
- February 2015
- January 2015
-
Meta
Tag Archives: China
A Short Sharp Shock?
These fevered times bring back memories. For the first time since the seventies, we are facing a supply shock, a non-financial threat to our economy, While the Fed has responded already, it’s not the response we will ultimately need. Continue reading
Chinese Debt for Equity Swaps, 3 Card Monte By Another Name?
The Chinese government is bandying about debt for equity swaps as a potential cure for the overhang of corporate debt in the middle kingdom. Much, if not most, of the bank loans in China have been made by government owned banks to … Continue reading
Posted in China, Credit, Emerging Markets, Equities
Tagged China, Credit, Emerging Markets, Equities
Leave a comment
Banking the Fire
The narrative of the current market downturn, bear market, correction or whatever you prefer to call it had been about oil, China and the emerging markets. Now the banks have been put into play. Year to date their decline has outstripped … Continue reading
Posted in Banks, China, Credit, Equities, Uncategorized
Tagged Banks, China, Credit, Equities
Leave a comment
Focus on the Chinese Currency, Not the Equity Market
Chinese equities have started the new year with a series of implosions, implosions exacerbated by the authorities’ ham handed attempts to dampen volatility. Despite the sound and the fury, the Chinese stock market is a sideshow. Ownership of Chinese equities is … Continue reading
Some Thoughts on the Yuan and Chinese Monetary Policy
China has dominated recent newsflow due to its stock market crash and the devaluation of the yuan (CNY). The latter, I believe, is an attempt to free up the PBoC to conduct domestic monetary policy to deal with the aftermath of … Continue reading
Posted in Central banks, Currency, Emerging Markets
Tagged Central Banks, China, Emerging Markets
1 Comment
Apres China Le Deluge?
China’s stock market has been in the news due to its recent plunge. The plunge follows a strong run up over the last year. Whatever the reason for the spike up and the subsequent dive, this is a Chinese problem whose … Continue reading
Posted in Emerging Markets, Equities
Tagged China, Commodity prices, Emerging Markets
Leave a comment