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Wealth Advisors | Greg Young
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Daily Archives: August 8, 2019

Currency War

6 Questions And Their Effect On The Markets

Greg's BlogBy Greg YoungAugust 8, 2019

China has introduced a new weapon to use in the trade war with the United States.  That weapon?  Its own currency. On Thursday, August 1, President Trump proposed a new slate of tariffs on Chinese goods.  In response, the Chinese central bank devalued its currency – the yuan – to more than seven to the…

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