China Manipulating $SPX
W/end China invective by Trump, Pompeo &amp; Navarro weakened Yuan Asia open. PBOC intervenes, buys $CNY &amp; $SPX pops. Weaker US stocks hurts $CNY. Why? Aug 15 $CNY Deval (-3%) = SPX down 8%. Causality Reversible.  US stocks down = CNY down-&gt; hurts DCEP launch. https://t.co/AOBu4zgkNp