China and the yuan

"China is investing more overseas...." writes Barron's.

Of course. This is the advantage of having a strong currency. It allows to buy the assets of the competition and gain even more competitive advantage.

And yet, often you read we need a weak dollar because it helps our exports. Nonsense. It is very difficult to have a strong currency because it means the country is dominating in productivity and competitiveness.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked best market timer in the 12 and 6 months ending 8/20/10 by Timer Digest

To find out more about my in depth views of the markets and my strategy just visit our website https://www.peterdag.com/ where you can subscribe to The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific investment portfolio.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site.