Thread
:
China Dumps US Asset Backeds and Corporates
View Single Post
10-02-2010, 07:28 PM
#
4
eocavrWM
Join Date
Oct 2005
Posts
520
Senior Member
Flush with cash despite the global economic downturn, China’s sovereign wealth fund quietly bought more than $9 billion worth of shares l
ast year
You do realize that China because of it's statist makeup can change it's policy decisions from year to year or month to month?
Nevertheless, As I noted the dumping report requires further substantiation but given the Fed's announcement today the story has legs since they could be engaging in risk aversion with coming bond spreads as the article suggests....
Bears continued monitoring...
Quote
eocavrWM
View Public Profile
Find More Posts by eocavrWM
All times are GMT +1. The time now is
05:16 AM
.