I actually the performance of risk assets has been mixed, exemplified by weakness of EM currencies. It is not uncommon for strong domestic currency to attract capital inflows and support domestic assets. If China were to go in recession. it could definitely test the current world order.
CIO, HonTe Investments. Ran global macro at JPM. Yahoo! Finance Contributor. Ph.D. in Mathematics. Author, The Next Perfect Trade. No investment advice.
