Am thinking the Feds speech this Wed. will prove interesting in regards to China’s moves. Might be a checkmate ordeal by the Fed. You can bet the International Community will be watching this.
Geithner parrots policy. Hes a horrible treasurer. Bernanke is more independent. He may be able to calm fears.
I would point out that the WSJ ran this article a few days ago so this isn’t some weekend bombshell. The markets been ignoring everything but earnings for months. At some point the macro stuff will leak into the picture but i have no idea when.