https://finance.yahoo.com/news/plunging-yields-insatiable-appetite-likely-to-deter-china-from-selling-treasuries-135134871.html
Many analysts are starting to back-peddle or retreat from their previous common analysis that China would unload its US treasuries to punish the US.
We had stated previously that China won't do that. Please read our post below to understand the true rationale and logic behind the US treasuries selloff by China.
http://sg-stock.blogspot.com/2019/08/many-analysts-dont-understand-economics.html
Although the analysts had changed their common stance after they realized they were standing on shaky grounds, they had the rationale and logic wrong.
It is a shame that the universities are producing analysts that cannot analyze properly nowadays. Many people don't truly understand what they're studying.......Sigh!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment