A Veritable Cornucopia of Useless Information

Today was the first time this semester that I had to fill in and teach the JDE juniors’ Finance 361 class. It didn’t go horribly, but I definitely left myself a great amount of room for improvement (of course, this was all planned, I assure you…)
On a somewhat related note, a thought about the current situation of the foreign exchange market with respect to the dollar: If I had the means to do so, I would buy a large amount of Chinese yuan (and to a lesser extent, Japanese yen), as large and growing trade deficits and the buying spree of U.S. Treasury notes by those countries’ central banks to keep their currencies from appreciating are not sustainable, in the long run. (The sharp appreciation of the euro and the British pound versus the dollar has been due in part to their ability to float more easily and thus has adsorbed much of this currency imbalance.) While there are no sure things in finance and investments, in my opinion, it is very likely that the dollar will depreciate against the yuan and yen sometime in the near-to-intermediate future.*

* Of course, I am not an actual financial expert, and anyone who bases their financial decisions on this post would be extremely stupid to do so.