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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.
$CNY Yuan Devaluation
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.
Chinese e-commerce company Alibaba Group Holding Ltd reports its results for the quarter ended June. Investors will be looking for an update on how Alibaba’s $4.6 billion investment in home appliance retailer Suning Commerce Group would boost its strength in offline and online commerce.
