Whenever CNY has depreciated it always means deflation in the world because weak Chinese currency makes Chinese exports cheaper and hence falling CNY means falling GOLD prices….
More important than “currency wars”, file this one away in the something-big-changed-recently drawer
Page Industries (India franchise of Jockey’s brand)historical Revenue
CAGR 10 Yrs:27%
5 Yrs:19%
3 Yrs:17%
Last 2 Qtrs – Page Ind Revenue Growth
Q4FY19 -0.1%
Q1FY20 +2.4%
Reminds me of ‘MEN’S UNDERWEAR INDEX’ followed by Alan Greenspan (link: https://www.investopedia.com/terms/m/mens-underwear-index.asp) investopedia.com/terms/m/mens-u…
(Mangalam Maloo)
I know it is difficult to predict the markets.….so not making any bold claims with this graph but why don’t you paste it next to your screen and we will compare the notes in couple of years
Fed Trapped in a Rate-Cutting Box: It’s the Debt Stupid
