Janet Yellen visited China in a hurry

China new products, EV, battery power and solar panels are over capacity.

Yellen emphasis above statement before she visited China.

Green energy products are keys for human kind to tackle global warming.

But politicians speak from their own positions.

Actually US don't really care EV because US Automobile business were out of international market already. It is hard to find US car outside of US. Japan and Europe car beat US cars many years ago.

And it is not US Treasury Secretary Janet Yellen's job, to discuss products import/ export.

Yellen real purpose to persuade China to buy US T-bill. Yellen need Chips to make it comes true.

When US Fed cut rates, US dollars fly out, a big chunk USD will change to RMB. US need China to use extra USD to buy US T-bill. It can remain international harmony.

If China use those extra USD to buy natural resources, agriculture land, port all over world, It will create financial chaos, hegemony of US dollars become The Emperor's New Clothes.$LION OCBC HSTECH ETF S$(HST.SI)$

$TRACKER FUND(02800)$

$Vanguard FTSE Emerging Markets ETF(VWO)$

Oil Rebound! Ready for Energy Surge?

The energy stock market has witnessed a significant surge, with the $Energy Select Sector SPDR Fund(XLE)$ surpassing its 2022 highs. The geopolitical conflicts may push oil prices higher. ------------- What's your target price for oil?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

am56
04-11
am56
don't forget tesla. u r PRC?
- MilkTeaBro:
  Tesla has a terrible relationship with White House, Biden blocked Musk on the social media platform.
Fenger1188
04-11
Fenger1188
谢谢分享👍🏻
DaisyMoore
04-11
DaisyMoore
The points about green energy and US car industry very interesting.

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