Chart of the Day: Cool Hand Xi?
As Paul Newman famously quipped after bluffing his way to success in a poker game in the classic movie Cool Hand Luke, 'sometimes nothing is a...
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PBOC Changes RMB "Countercyclical" Factor
Yesterday the PBOC announced that it was eliminating the so called “countercyclical factor” and asking banks to adjust their reporting. We believe...
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Chinese Interest Rates and the Fed
Chinese money markets have been surging across the yield curve even as the PBOC has been easing liquidity through increased open market...
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The Market Sentimentalist – China Worries
SummaryA lot of smart investors worry that China is a gigantic bubble in search of a pin. It is not hard to see why. China’s economic growth...
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China: Offshore Debt Surging, Financial Risks Escalating
Forget talk about de-leveraging. Bank of International Settlements (BIS) data on international debt issuance reveal that Chinese corporates are...
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