Hopes For Chinese Stimulus Are Waning And That’s Been Bad News For Stocks

Chinese stocks fell to a 3.5 year low as industrial profits declined and hopes of aggressive monetary policy easing waned.

Despite policymaker’s saying growth is a priority and a slowdown in the economy that is still raising concerns of a hard landing, it looks like there’s no massive stimulus coming and that rate cuts are also off the table for the moment.


Produced by Daniel Goodman

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