Maltbie's Minute on the Market: A Lesson in Currency Devaluation

Robert Maltbie |

Robert Maltbie of Singular Research takes a trip to his local McDonald's (MCD) to explain the impact of China's currency devaluation through the price of a Big Mac burger. While the market frets over China's moves, resulting in the long-awaited correction, Maltbie argues that August swoons have historically been great buying opportunities for long-term investors. Also, if you haven't already, be sure to register for Singular Research's upcoming Best of the Uncovereds Conference on September 17, 2015 at the Luxe Sunset Bel Air in Los Angeles, CA.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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