donderdag 24 maart 2016

Correlation: CNY Vs. S&P 500

A peculiar correlation has come up between the CNY and the S&P. Whenever China devalues its currency, it seems that the S&P will drop a few weeks later.

Here is a close up: The yuan is a leading indicator. So watch what the chinese are doing and you will know what the stock market will do.

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