Quotes Irrelevant to Investing
by Kaiser Edamame“The currency is the share price of a country.”
-George Glynos, Econometric Treasury Management
“The currency is the share price of a country.”
-George Glynos, Econometric Treasury Management
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…on what planet?
neptune
So wait, China effectively tells the market what its share price is? Thats kinda like CIBC telling us to short CIBC, no?
more like the national sperm count.
yeah, china basically buys their own stock anytime it time it goes lower than the band it wants and buys up all sellers or and it sells it’s stock anytime it goes higher than it wants. and sells enough to meet all buyers.
seriously though you should short cibc
China is our biggest shareholder, right?