In this week’s cover story, Barron’s says that the Chinese yuan could fall over 10%, despite the PBOC’s protests against such a fall. Why? While corporate China does have mountains of dollar-denominated debt, the lower the yuan goes, the better it will be for the nation as a whole.
Thought Potash Corp’s time in the spotlight has ended? Think again! Barron’s says that Potash has a bright future ahead of it, adding that its major producers – who weren’t many to begin with – have remained disciplined since their cartel’s breakup, and that demand has no place else to go but up.
Barron’s also spoke to Chris Blake, the manager behind Lazard’s peer-beating Lazard US Equity Concentrated Portfolio. His secret? A new way of thinking about diversification.
Photo: davidgsteadman