QE2 More Damaging Than Undervalued Yuan
from Market Watch Hosted by BFM Media
Dodge Dorland of Landor & Fuest Capital Managers explains the implications for the US if China does appreciate its Yuan. He believes the market will continue to rally but demonstrations in the Middle East, if they get completely out of hand, would rattle the markets in the short-term. On higher borrowing than usual from the European Central Bank's emergency lending facility, it could be an indication that a Euro banking crisis is looming unless policymakers get their act together.
Embed this episode
No transcript yet.