- Macro lessons for investors part II.
- Some argue that the US trade deficit is simply the result of big US public sector deficits and debts (which need to be refinanced), needing foreign investors.
- As a result, they argue, the Chinese could strike back by stop buying US Treasuries, or even dumping their $1T+ Treasury holdings.
- While this analysis gets it partially right, we show you what’s wrong with it.
Chinese Investor Strike?
April 17th, 2018 · No Comments
Tags: The Markets