Who’s Crazy Now? Yuan Bears Vindicated by Tumble See More Pain
China’s Yuan Support Ends 2-Day Rout
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Sue Trinh had to defend her sanity. Albert Edwards almost got kicked out of meetings. Kevin Lai was ignored by clients for an entire year.
Once ridiculed for their bearish forecasts on China’s currency, the analysts who predicted this week’s devaluation don’t look so crazy now. As investors around the world ask what happens next, the forecasters who got it right say the yuan has further to fall.