Tag Archive for Manipulation

US says China not manipulating ‘undervalued’ yuan – Full Story

US says China not manipulating ‘undervalued’ yuan (via AFP) The United States said Friday that China’s tightly managed currency remains “significantly undervalued” but Beijing was not manipulating the yuan to gain an unfair trade advantage. The US Treasury Department said it had concluded that China had not met the standards for manipulation but that it…

Tomorrow Is A Big Day – Why Fed Should Not Act

Tomorrow is a big day, with the FOMC announcement and the Fed revealing what it wants you to think about what it thinks it’s going to think it wants you to think. Or something like that. This Fed “tranparency” thing has been covered to death in the mainstream media. I think it’s another utter waste…

Unemployment Claims Data and Economists’ Exploding Brain Syndrome

With the mainstream media reporting the seasonally adjusted first time unemployment claims down by 6,000 it’s time for a reminder that this number is fake, and may or may not give an accurate representation of the trend. If it does, it’s purely a coincidence. Economists and financial journos are in love with the seasonally manipulated…