https://finance.yahoo.com/news/china-central-bank-signaling-slowing-210000899.html
China is cognizant of the impending risks of monetary easing and it is slowing its monetary easing to prevent the economic malaise (overinflation) that we've envisioned.
http://sg-stock.blogspot.com/2020/07/emerging-markets-have-to-watch-out-for.html
We've seen this played out many times. The SG and HK property markets are good examples of such consequences.
http://sg-stock.blogspot.com/2019/09/the-hong-kong-protestors-know-nothing.html
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