For those willing to bet on whether Emperor Xi got laid this morning. I buy the possibility of China’s domestic stocks being able to rally through the US recession, not least because I see the property adjustment as structural so easy credit seems assured. But not Europe as the ECB chases the Fed. The Market Ear.
Unstoppable Chinese equity bull
The CSI 300 extended the move higher, closing at the highest levels since mid September. Note the 200 day comes in here, so maybe time for a small pause at least…
Refinitiv
