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Friday, August 21, 2015 1:11 PM


Net Moves Since China Devaluation


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Here's an interesting chart I picked up this morning in my email inbox from Steen Jakobsen, chief economist for Saxo Bank in Denmark.

Net Moves 11 Days After China's Yuan Devaluation



Since the devaluation, stocks and most commodities have been the big losers. Gold and US treasuries are winners.

Mike "Mish" Shedlock




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Net Moves Since China Devaluation

Posted by Michael Shedlock at 1:11 PM

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