Sarhan's Latest Media Quote: Reuters More flexible yuan mildly bullish for commodities

Sarhan's Latest Media Quote: Reuters More flexible yuan mildly bullish for commodities

“China’s economy is experiencing explosive growth and Beijing has taken several key measures in recent years to curb that robust growth.
“Allowing the yuan to be more flexible is simply another calculated measure to achieving that goal,” said Adam Sarhan, founder and chief executive of New York’s Sarhan Capital.

US Stocks Fluctuate Between Small Gains and Losses

US Stocks Fluctuate Between Small Gains and Losses

U.S. stocks fluctuated between slight gains and losses Thursday as the industrial sector was boosted by improving manufacturing conditions, but an unexpected jump in weekly jobless claims and an expected monetary policy tightening in China weighed. The Dow Jones Industrial Average recently was down 10 points, or 0.1%, to 11114, in recent trading.