Yuan Down. Commodities...Up?

70
Wed, Aug 12, 2015 - 11:31am

A second yuan devaluation in as many days has had some surprising results. Global equity markets are down big across the board and the dollar is getting drilled. Bonds are rallying and so, too, are commodities as the investing world begins to realize that The Fed is NOT going to be raising the Fed Funds rate anytime soon.

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