Reading Maroon Macro: A Trade Idea, Shorting CNH [Ep. 121]

An increased risk-off sentiment, resulting from the Evergrande drama - among several other factors, has perhaps increased the likelihood, as well as accelerated the timeline, of a CNY devaluation. A reading, by Emil Kalinowski.

----------WHO----------
Maroon Macro, an anonymous global macro hedge fund analyst who is partial to the University of Chicago and writes about the mechanics of the monetary system, financial plumbing, and economic history. Read by Emil Kalinowski. Art by David Parkins. Intro/outro is "Deadlines" by Dylan Sitts at Epidemic Sound.

----------WHAT----------
Issue #21: Trade Idea – Short CNH: https://bit.ly/3op5bMQ

----------WHERE----------
Maroon's Substack: https://maroonmacro.substack.com/
Maroon's Twitter: https://twitter.com/maroon_macro

Emil's Twitter: https://twitter.com/EmilKalinowski
David's Art: https://davidparkins.com/

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