Operating in a vacuum: China, gold, and trends do end

This morning John Ross sent me this little note:

BEIJING, Oct 1 (Reuters) - Chinese manufacturing picked up steam in September after a mid-year lull, easing concerns of a renewed downturn in global growth ...

He said: “I say we just put that in CCPRO today and start our weekend ... apparently that is all that matters.”

And it seems JR is correct. China growth is the trigger for a self-reinforcing downtrend in the US dollar, in the mind of the market, it seems.