Browsing Tag


Trade and the RMB

What is driving the increase in the RMB-denominated trade is probably not any preference to transact in RMB but rather speculative demand for RMB. That sounds pretty plausible.

The Case for Human Ingenuity

There are essentially three reasons why I think oil prices will go through a rather dramatic correction over the next several years: 1. Many investors who, in recent years, have added commodities to their portfolios as a hedge will…

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