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Jack Ma’s Ant IPO Signals Start Of De-Dollarization Ye Xie, Bloomberg

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Back in China, the biggest news overnight was that Jack Ma’s Ant Group is seeking a valuation of more than 0 billion as it goes public in Hong Kong and Shanghai.  Who needs Wall Street?Zero HedgeJack Ma’s Ant IPO Signals Start Of De-DollarizationYe Xie, Bloomberg

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Back in China, the biggest news overnight was that Jack Ma’s Ant Group is seeking a valuation of more than $200 billion as it goes public in Hong Kong and Shanghai.
 Who needs Wall Street?

Zero Hedge
Jack Ma’s Ant IPO Signals Start Of De-Dollarization
Ye Xie, Bloomberg

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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