China’s central bank has taken global markets by surprise with a historic shift in its management of the yuan. On Tuesday, the People’s Bank of China adjusted the yuan’s central parity – a daily fixing used to guide trading – down 1.9 percent.
H/T Barry Ritholtz
Charting A Decade Of Yuan Moves
Carlson Capital's Double Black Diamond fund added 3.09% net of fees in the second quarter of 2021. Following this performance, the fund delivered a profit of 5.3% net of fees for the first half. Q2 2021 hedge fund letters, conferences and more According to a copy of the fund's half-year update, which ValueWalk has been Read More
Source: Bloomberg Brief