The Credit Strategist

The Credit Strategist

Pouring It On

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The Credit Strategist
Sep 24, 2024
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China joined in the global stimulus party overnight with strong measures to awaken its struggling, over-leveraged economy. The immediate reaction was a predictable 4% rise in Chinese stocks and drop in Chinese interest rates. Chinese policymakers promised further stimulus if needed - and it will certainly be needed because the plans announced last night…

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