Chinese Currency is Undervalued - Big Mac Index
Submitted by Sean Riskowitz (bestcashcow.com)
The Chinese currency is 50% undervalued, according to The Economist's Big Mac Index.

Compare the best CD rates, the best money market rates, the best savings rates, mortgage rates, home equity rates, auto loan rates and more - as well as find financial information that can help you make better decisions with your money.
Investing, Stocks, Income, Dividends, Value, Buffett, Passive, Retirements, Economy, Dividend, Retirement, Bank, Banks, Money, Recession, Stock, Stock market, Market, Personal finance, Investment, Inflation, Savings, Credit, Checking, Interest rates.
Related Tags: Economy, Dollar, Trade, Fxi, Chinese stocks, Interest rates, Russia, Japan, Stimulus, India, Yuan, Global economy, Rate cut, Inflation, Cnbc, Emerging markets, Currencies, Buffett, Chinese yuan, Stock, Asia, Vix, Political crisis, Small-cap, Pilots.
The Chinese currency is 50% undervalued, according to The Economist's Big Mac Index.
Translated into English, this means one thing: Uh-oh.
Most global companies do have a presence in China however. Some of these companies have had operations in the country for years, and have also developed a strategy for expanding their business...
Marc Faber, or
Veteran hedge fund manager George Soros says he does not expect interest rates to rise in the US. He also has some interesting views on the massive growth currenty being experienced in China.
China is rising and the US is in terminal decline. Is the end near and what do the next 100 years hold for global economic dominance?
Our economy has suffered two dramatic setbacks in the last decade. I have been trying to study the former to understand why world markets have recovered so dramatically this time around. I am...
Has the first month of 2010 shown that risk is flaring or is this merely expected volatility in a tumultuous recovery?
China is expected to spend $200 billion in government stimulus money over the next few years to upgrade its rail system. This could lead to enormous growth for any cement company that the China’s...
Robertson is a smart guy and while he doesn't think that China is going to stop buying our debt, he suggests that we could easily enter 15-20 inflation territory if Japan is forced to sell. He...
Not an hour goes by without a guest on CNBC coming on the show professing to be China expert.
Tiananmen Square was a big event, but it didn't change the world.
We've all learned that hope isn't an investment strategy; it also isn't an economic policy.
| Page 1 of 3 | Next page » | Last page » |
|
Type
|
Top APY/Rate
|
Institution
|
|
2.25%
|
Everbank
|
|
|
0.35%
|
Flex Funds
|
|
|
1.25%
|
Country Bank for Savings
|
|
|
1.10%
|
TotalBank
|
|
|
2.00%
|
First City Bank
|
|
|
2.15%
|
USAA Federal Savings Bank
|
|
|
2.30%
|
Atlantic Coast Bank / First City Bank
|
|
|
2.81%
|
USAA Federal Savings Bank
|
|
3.01% |
USAA Federal Savings Bank |
|
|
3.41%
|
USAA Federal Savings Bank
|
|
|
3.36%
|
US Treasury
|
|
4.30% |
Royal Bank of Missouri |
|
2.00% |
Alliant CU |
|
1.51% |
Wings Financial CU |
|
|
1.76%
|
Wings Financial CU
|
|
|
2.10%
|
Alliant CU
|
|
|
2.53%
|
Wings Financial CU
|
|
|
3.03%
|
Wings Financial CU
|
|
|
0.09%
|
Various brokerages
|
|
|
0.19%
|
Various brokerages
|
|
|
0.92%
|
Various brokerages
|
|
|
2.45%
|
Various brokerages
|
|
|
3.77%
|
Various brokerages
|
See more product and rate information