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Why the Maven Is Morose So you see articles every day about how countries from Brazil to China are starting to stockpile resources, and they are using forex [odd-exchange] reserves to do that. So it isn't just some kind of metaphysical theory; it is actually playing out. |
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How EM debt actives consistently outperform Investment theory, and indeed tired sense, tell us that market participants as a whole cannot outperform the store. For every dollar of alpha, or excess return, produced by a pre-eminent investor, a less successful one must |
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A Chinese gold standard?
The provinces announced Thursday that yuan Forex options will be available in China by April, according to a account in the Wall Street Journal. The option to exchange the yuan into another currency and shortcoming versa will help traders and businesses hedge
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