The New CS Board

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Perspective

China’s Doing Yellen’s Job, China’s Attack on the Greenback

China’s Doing Yellen’s Job and Creating a Trillion Dollar Profit Pivot

Keith Fitz-Gerald Aug 12, 2015

http://totalwealthresearch.com/2015/08/chinas-doing-yellens-job-and-creating-a-trillion-dollar-profit-pivot/

Despite what the markets seem to think and many news sources would have you believe, China’s move to devalue the yuan is not an act of desperation intended to prop up a failing economy. It’s not a surprise. And, it sure as heck is not the end of the financial universe as we know it.

Instead, it’s a brilliant move that singlehandedly changes the investing landscape.

- China’s Attack on the Greenback

- China is doing Yellen’s job.

comments:
- Near-zero rate gives no margin if economic conditions deteriorate again

reference info:

Ducking, Dodging And Dawdling—-The Fed Misses Its Window For Hiking Rates
http://davidstockmanscontracorner.com/ducking-dodging-and-dawdling-the-fed-misses-its-window-for-hiking-rates/

The Fed’s unwillingness to raise rates will finally boost gold
http://www.marketwatch.com/story/heres-the-contrarians-playbook-on-the-fed-and-commodities-2015-06-25

Market curious about Fed's 4 trillion 'shades of gray'
http://www.cnbc.com/2015/06/16/market-curious-about-feds-4-trillion-shades-of-gray.html
"It's a quagmire. There's so many uncertainties surrounding the balance sheet. It's easier doing quantitative easing than getting out of it."

Senate Banking Committee Chairman Calls for More Accountability from Fed
http://dsnews.com/news/03-06-2015/senate-banking-committee-chairman-calls-accountability-fed
"The Fed should not only be able to answer these questions, it should be held accountable for its actions,"

FEDERAL RESERVE statistical release
H.4.1 Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks August 13, 2015
http://www.federalreserve.gov/releases/h41/current/