China’s growth is slowing. Is it “ suffering badly”?
China’s growth is slowing. Is it “ suffering badly”? Not yet. China’s slowing growth, with a 6.2% Q2 number, the slowest in over 30 years is due primarily to their attempts to reign in the financial system (shadow banking) and the speculation on the property market,...
China Trade
The ability to fix the economy lies in President Trump’s hands, not in the Fed. Yesterday, the ISM manufacturing index dropped to its lowest point since 2009, a 47.8 reading, when 50 was expected. A reading below 50 means contraction, not expansion. President Trump...