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Expectations For Shanghai G20 Low

Expectations For Shanghai G20 Low

4 Years ago | February 28, 2016 00:00:00

John M. Bland, MBA, CTA


Shanghai G20

Some are expecting strong coordinated action from the weekend G20 meeting in Shanghai. I would be surprised by any major developments at this meeting because the nations involved have very limited scope for action. Central banks have run out of stimulus tools and the finances of most counties are stretched. Furthermore, changes in forex valuations cannot help the global economy because the price of a currency is set in terms of the other currencies. When one currency falls, other ones ri

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