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 equities.com. 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: http://www.equities.com/disclaimer

Comments

Watchlist

Symbol Last Price Change % Change
AAPL

     
AMZN

     
HD

     
JPM

     
IBM

     
BA

     
WMT

     
DIS

     
XOM

     

What Is Petrolithium?

MGX Minerals explains the advantages of petrolithium and how they are helping to solve future problems today.

Emerging Growth

MGX Minerals Inc.

MGX Minerals is a diversified Canadian mining company listed on the Canadian Securities Exchange. MGX is engaged in the acquisition and development of industrial mineral deposits in western Canada that…