Patrick Chovanec

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7d
The Courier Mail
Bargain hunters pile in as ASX stages dramatic rallyAUSTRALIAN shares have staged a staggering rally today, shaking off further sha
Bargain hunters pile in as ASX stages dramatic rally
The Courier Mail / Posted 7 days ago
AUSTRALIAN shares have staged a staggering rally today, shaking off further sharp falls in China as bargain hunters take advantage of yesterday’s dramatic rout. So might it actually a good time to buy? Apparently a lot of investors thought so. David... Read more
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8d
Perth Now
Bargain hunters pile in as ASX stages dramatic rallyAUSTRALIAN shares have staged a staggering rally today, shaking off further sha
Bargain hunters pile in as ASX stages dramatic rally
Perth Now / Posted 8 days ago
AUSTRALIAN shares have staged a staggering rally today, shaking off further sharp falls in China as bargain hunters take advantage of yesterday’s dramatic rout. So might it actually a good time to buy? Apparently a lot of investors thought so. David... Read more
3 related stories
8d
Herald Sun
Bargain hunters pile in as ASX stages dramatic rallyAUSTRALIAN shares have staged a staggering rally today, shaking off further sha
Bargain hunters pile in as ASX stages dramatic rally
Herald Sun / Posted 8 days ago
AUSTRALIAN shares have staged a staggering rally today, shaking off further sharp falls in China as bargain hunters take advantage of yesterday’s dramatic rout. So might it actually a good time to buy? Apparently a lot of investors thought so. David... Read more
3 related stories
8d
The Courier Mail
Bargain hunters pile in as ASX stages dramatic rallyAUSTRALIAN shares have staged a staggering rally today, shaking off further sha
Bargain hunters pile in as ASX stages dramatic rally
The Courier Mail / Posted 8 days ago
AUSTRALIAN shares have staged a staggering rally today, shaking off further sharp falls in China as bargain hunters take advantage of yesterday’s dramatic falls. So might it actually a good time to buy? Apparently a lot of investors thought so.... Read more
3 related stories
9d
KULR-8 Billings
Key Things to Know About China's Market MeltdownIt's a stock market crash that just won't stop. Almost 10 weeks into a hot and
Key Things to Know About China's Market Meltdown
KULR-8 Billings / Posted 9 days ago
It's a stock market crash that just won't stop. Almost 10 weeks into a hot and troubled summer and the Shanghai market has taken another lurch downwards -- it has now lost nearly 40% of its value from its peak on June 12. But this time the sell-off... Read more
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9d
CNN
China's stock market turmoil, explainedBut this time the sell-off is not an isolated incident in global stock markets.
China's stock market turmoil, explained
CNN / Posted 9 days ago
But this time the sell-off is not an isolated incident in global stock markets. The latest Shanghai slump comes as the rest of the world starts to worry about the state of China's economy. A key index released on Friday showed Chinese factory output... Read more
1186 related stories
12d
Washington Post
Shanghai got the headlines, but this diving market was China’s ground zeroA golden bull sculpture stands in front of a screen showing share prices at the
Shanghai got the headlines, but this diving market was China’s ground zero
Washington Post / Posted 12 days ago
A golden bull sculpture stands in front of a screen showing share prices at the Shenzhen Stock Exchange in 2011. (Wu huijun/Wu huijun - Imaginechina) SHENZHEN, China — Not one, or two, but three bulls stand sentinel outside the Shenzhen Stock... Read more
12d
iol.co.za
China wants power, not responsibilityForty-three years after Richard Nixon made his famous visit to China, that coun
China wants power, not responsibility
iol.co.za / Posted 12 days ago
Forty-three years after Richard Nixon made his famous visit to China, that country has seemingly decided to take a page from the former US president’s treasury department. As China lowers the value of the yuan, the country's economic policy makers... Read more
17d
TribLIVE
Currency devaluation signals bigger problemThe value of the Chinese currency dropped by 4.4 percent last week, the biggest
Currency devaluation signals bigger problem
TribLIVE / Posted 17 days ago
The value of the Chinese currency dropped by 4.4 percent last week, the biggest devaluation in decades. The move spooked global markets and sparked an angry reaction on Capitol Hill, with politicians on the left and right accusing China of returning... Read more
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20d
Anderson Independent-Mail
China devalues currency for second day, sending markets spinningCHONGQING, China _ For the second day in row, China's central bank on Wednesday
China devalues currency for second day, sending markets spinning
Anderson Independent-Mail / Posted 20 days ago
CHONGQING, China _ For the second day in row, China's central bank on Wednesday devalued the national currency, deepening suspicions that Beijing is manipulating the value of the yuan to boost exports and shore up a flagging economy. The bank's... Read more
805 related stories
20d
TheStreet.com
Apple Could Suffer Significant Hit From China's Yuan Devaluation"The devaluation of the currency reduces the global purchasing power of Chinese
Apple Could Suffer Significant Hit From China's Yuan Devaluation
TheStreet.com / Posted 20 days ago
"The devaluation of the currency reduces the global purchasing power of Chinese consumers," said Patrick Chovanec, Chief Strategist, Silvercrest Asset Management. "It makes those products more expensive for them so it could have a hit to Apple's... Read more
20d
TheStreet.com
Apple iPhone Sales in China Could Suffer Amid Yuan Devaluation China's jaw dropping move to devalue its yuan could have significant implicat
Apple iPhone Sales in China Could Suffer Amid Yuan Devaluation
TheStreet.com / Posted 20 days ago
China's jaw dropping move to devalue its yuan could have significant implications for Apple (AAPL), as 16% of the tech giant's revenue came from China last year. 'The devaluation of the... Read more
20d
TheStreet.com
Thanks to China, It's Time to Look at Slumping CommoditiesNEW YORK (TheStreet) -- The drop in Chinese construction is pulling the rug out
Thanks to China, It's Time to Look at Slumping Commodities
TheStreet.com / Posted 20 days ago
NEW YORK (TheStreet) -- The drop in Chinese construction is pulling the rug out from under commodity prices, so investors seeking to do some bottom fishing may want to get out their rods and reels, said Patrick Chovanec, chief strategist at... Read more
20d
TheStreet.com
Time to Look at Slumping Commodities Says Silvercrest Strategist While the drop in Chinese construction is pulling the rug out from under comm
Time to Look at Slumping Commodities Says Silvercrest Strategist
TheStreet.com / Posted 20 days ago
While the drop in Chinese construction is pulling the rug out from under commodity prices, investors seeking to do some bottom fishing may want to get their rods and reels out, said... Read more
21d
Washington Post
China’s devaluation of yuan prompts outcry from U.S. politicians on both sidesChinese 100-yuan bank notes are seen in this illustration taken in Beijing in 2
China’s devaluation of yuan prompts outcry from U.S. politicians on both sides
Washington Post / Posted 21 days ago
Chinese 100-yuan bank notes are seen in this illustration taken in Beijing in 2013. China devalued its currency on Tuesday after a run of poor economic data. (Jason Lee/Reuters) China took a dramatic step Tuesday to devalue its currency, a move... Read more
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21d
The Malaysian Insider
China devaluation sparks fear of currency war, angers US lawmakers Published: 12 August 2015 9:10 AM China shocked global markets by devaluing
China devaluation sparks fear of currency war, angers US lawmakers
The Malaysian Insider / Posted 21 days ago
Published: 12 August 2015 9:10 AM China shocked global markets by devaluing its currency after a run of poor economic data. – Reuters pic, August 12, 2015.China shocked global... Read more
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21d
Business Insider
A soaring dollar could set off a currency war with ChinaThe global currency war entered a new and critical phase on Tuesday as China's
A soaring dollar could set off a currency war with China
Business Insider / Posted 21 days ago
The global currency war entered a new and critical phase on Tuesday as China's surprise devaluation threatened to unleash a wave of competitive devaluations and keep monetary policy around the world looser for longer - perhaps even forcing the U.S.... Read more
805 related stories
22d
Reuters UK Edition
China's devaluation fires cannon in global currency warLONDON The global currency war entered a new and critical phase on Tuesday as C
China's devaluation fires cannon in global currency war
Reuters UK Edition / Posted 22 days ago
LONDON The global currency war entered a new and critical phase on Tuesday as China's surprise devaluation threatened to unleash a wave of competitive devaluations and keep monetary policy around the world looser for longer - perhaps even forcing the... Read more
805 related stories
22d
The Huffington Post
China Devalues Yuan After Poor Economic DataChina devalued its currency on Tuesday after a run of poor economic data, a mov
China Devalues Yuan After Poor Economic Data
The Huffington Post / Posted 22 days ago
China devalued its currency on Tuesday after a run of poor economic data, a move it billed as a free-market reform but which some suspect could be the beginning of a longer-term slide in the exchange rate. The central bank set its official guidance... Read more
805 related stories
22d
The Globe and Mail
China devalues yuan by 2% in ‘one-off depreciation’China devalued its currency on Tuesday after a run of poor economic data, a mov
China devalues yuan by 2% in ‘one-off depreciation’
The Globe and Mail / Posted 22 days ago
China devalued its currency on Tuesday after a run of poor economic data, a move it billed as a free-market reform but that some suspect could be the beginning of a longer slide in the exchange rate. The central bank set its official guidance rate... Read more
805 related stories

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