A euphamism on AnalystForum for both a misguided and illthought-out Macro economic projection expressed via the use of unintelligible English. As defined by Cinton's discussion of a profitable trading strategy of Renminbi/ dollar futures and a Renminbi de-pegging.
Now is fries the Chinese dollar (RMB) rise value to be best time several!
Because China Govât decided not to increase interest rate although USA rise the int.rate.
Now have massively to buy up the Chinese dollar (RMB), again buys the forward Chinese dollare (RMB) rise value.
Then, you will earn money
The American rise interest 0.25%,
Next time, FOMC meeting on August 04, I believed the USA Congress will rise interest 0.25% again,
The insufficient two months, totaled again added 0.5% int.rate
Because the Renminbi is with US dollar suspension hook,
at the appointed time the Chinese government not possibly again not to rise the interest rate., the Chinese government interest on futures pressure can be very big
Because the Chinese dollar (RMB) is with US dollar suspension hook,
US dollar policy, the Chinese dollar (RMB) is certainly needs to follow,
Because the Chinese government official is the non- economic knowledge,
therefore speech China certainly not to rise the interest rate, they really are extremely stupid, only if the RMB different US dollar suspension hook, then China can not to rise the interest rate.
The RMB is with US dollar suspension hook, China not possibly does not follow the American interest on futures, the monetary policy is not at the China side.
Yesterday (30 June 04) the Renminbi had the little rise
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Pud Icon is an irregular event in a Bay Street Starbucks, in Toronto.
Pud (the Polack) sits in a chair and the Pud Iconesses sit round and hope to hear how they can make the leap from BOM to PM just like The Pud claims to have done. What they donât know is that he is a charade! In reality, the closest he has gotten to being PM is managing his CAD$2K personal account through Schwab utilizing a âpure stock picking approach,â which in reality is a humble attempt at Canadian index tracking with an overlay of bullshit. Pud's real job is junior sandwich artist manager at Bay Street Subway.
The Pud (posting on analystforum.com):
Any of you care to come to a Pud Icon event at Bay Street Starbucks this afternoon? 5 P.M don't be late - and drinks are on you!
Clueless BOM1: Can you tell me if now is the right time to start studying for level 1?
Slightly less Clueless BOM: Yes I canât wait! You can tell me how to get out of reconciling soft commodity futures and into sales trading of exotic derivatives! Itâs about time I made the move as well!!! P.S. Lion are you coming? Pud can tell you how to get out of the middle office totting up rent cheques?
Clueless BOM2: I just graduated college (Ivey league) with a low GPA and a computer science degree. Pud, how do I get into investment management in one of the legendary Bay Street houses? This is what I have always wanted to do!
Hedgezilla: Pud, why do you bother?
N.B. Not to be confusion with Pop Icon, a British TV show.
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