The U.S. State Department’s recent Fact Sheet about U.S. investor’s exposure to Chinese securities issues - was it more China-bashing, or was it a shrewd use of the bully pulpit?
I have to tell you - I originally thought it was more jawboning... until I read through the whole thing.
The episode goes through the Fact Sheet, showing you my initial thought process - and whether or not there were actual regulatory risks exposed in each section of the Fact Sheet (and why or why not). And we end up on the very last section, which is where the scales fall from our collective eyes, and we understand the whole thing and why it was issued (and reissued a few days later).