BlueGold’s Jen Says China May Revalue Yuan By 5% (Update2)

http://www.bloomberg.com/apps/news?pid=20601068&sid=a0QGpwWawL_c

Jen, who worked for 11 years at Morgan Stanley before joining BlueGold in May, developed in 2001 the “dollar-smile” theory, which predicts gains for the U.S. currency during times when the economy is either in a deep slump or growing strongly, and underperformance at times of moderate growth.