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Chess, Checkers, or Go? What is China’s Next Move?

From academysecurities.com

The Chinese economy is struggling. We can take that as a fact given the latest “official” economic data and all the anecdotal evidence to support this (including most banks revising their Chinese growth forecasts lower). The major Chinese indices are flat on the year (about -5% in dollar terms) and are down 5% in the past month as whatever excitement was left regarding the re-opening trade has evaporated. What will China do to “fix” this problem? That is the question facing the global economy and markets. What can China do? What will they likely do? And how will it impact others? This is a “game” where China’s moves ... (full story)

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  • Category: Fundamental Analysis