The Markets in 2013: If China Rebalances, Will the Fed, Investors Be Ready?
Posted on January 07, 2013 at 12:40 PM EST
MINYANVILLE ORIGINAL China's rebalancing. This may or may not be the year for it but either way investors can't afford to be blindsided. There won't be any announcement if/when it happens and recognition will be a process rather than an event but the risk is getting pretty severe and it is I think under-appreciated by investors. Rebalancing is a heated discussion in China and the IMF / World Bank have weighed in but the Street seems more concerned with Europe and politics in Washington. Chinese purchases of Treasury bonds are a well-known phenomenon but by depressing the price of ...