New Zealand

Short Sellers Are Aggravating China's Bond Rout - Regulators AWOL (For Now)

Chinese regulators have a history of clamping down on bearish wagers in the stock and currency markets, but have yet to take measures to prevent short-selling of bonds. If none are forthcoming, we expect to see more of the cascading sell-offs in Chinese government bonds, corporate bonds and equities which were a feature of trading in November.

Yes, Cash Is An Asset Class Again!

In a US Dollar bull market with interest rates at zero, cash is rightfully dismissed as a non-asset class. But, when the US Dollar is in a bear cycle, things change, irrespective of what US interest rates are.