What is happening in China?
— The Kobeissi Letter (@KobeissiLetter) September 29, 2024
Just days ago, China announced MASSIVE economic stimulus as their economy crashed.
Now, retail investors are piling into stocks like pandemic-era stimulus is back.
Something is seriously wrong in China and it's too late for stimulus.
(a thread)
And in newsrooms DOWN UNDER….a new “twist”
https://www.asahi.com/ajw/articles/16534180