As China's yuan sinks further into the abyss, its plight is about more than just a currency exchange value. It isn't even necessarily the economic and financial problems currently plaguing the country (and by extension the rest of the world). There's more gross instability - including political - bubbling up from under the surface which is what CNY is being forced to recognize in its price behavior.
Disclosure: This material has been distributed for informational purposes only. It is the opinion of the author and should not be considered as investment advice or a recommendation of any ...
Disclosure: This material has been distributed for informational purposes only. It is the opinion of the author and should not be considered as investment advice or a recommendation of any particular security, strategy, or investment product. Investments involve risk and you can lose money. Past investing and economic performance is not indicative of future performance. Alhambra Investment Partners, LLC expressly disclaims all liability in respect to actions taken based on all of the information in this writing. If an investor does not understand the risks associated with certain securities, he/she should seek the advice of an independent adviser.
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