SPDR S&P 500 (SPY): I agree China is going to be the long te...

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Re: gdl post# 215069

Thursday, 09/29/2016 1:57:41 PM

Thursday, September 29, 2016 1:57:41 PM

I agree China is going to be the long term control in this monetary experiment. Adding the RMB to the SDR basket in an effort to internationalize the Yuan is a strong move by the Chinese but it will take time. I don't see any major tectonic shifts happening short of the proverbial black swan looming on the horizon

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