On the other hand, the value did not moveÂ higher.
China’s surprise devaluation of the yuan drove indexes down, while the dollar advanced hurting crude and other commodity prices. Treasuries and gold climbed as investors sought safe-haven assets.
Mario Randholm Blog. Mario is the founder of Randholm & Co. S.A.C., an investment management company dedicated to producing superior returns for its clients and employees by adhering to mathematical and statistical methods.