There are some nuggets in the post and in the comments. Here is my favorite (bold mine): “Read an interesting article that the currency bottomed Friday afternoon. It was a good article about how the Chinese guys have been wanting to do this but couldn’t. Now they did it & blamed it on the trade war & not on the real reason that they need a weaker currency to stimulate domestic growth. Sneaky guys with a 3000 yr old civilization. What do they know about social order?“
Not to emphasize ‘sneaky’, but that the Chinese leaders have a long history of trials, failures and successes. They also have the ability to influence the Chinese economy with precision and agility that other countries just cannot do. I keep watching for irrational bargains surfacing.