I have purchased October 27 2024 $27 puts on FXI, the ETF based on the Chinese stock market. I’ve got a stop-loss of 26.26, meaning I’ll exit should it push anywhere above that level.

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I have purchased October 27 2024 $27 puts on FXI, the ETF based on the Chinese stock market. I’ve got a stop-loss of 26.26, meaning I’ll exit should it push anywhere above that level.


Good Lord. Checking out the value of the Japanese Yen versus the US dollar. Do they use this currency for inexpensive toilet paper now? I’d be interested to hear from Slopers what the implications are for such a major currency sliding toward abject worthlessness. In the meantime, I’m going to go buy myself a palace in Kyoto.

Maybe China isn’t going to take over the world just yet. It’s actually remarkable to me that Mexico has outpaced China for American business.

