Clock Is Ticking Down On Stimulus Bazooka In China
August 17, 2023 at 12:25 PM EDT
Authored by Simon White, Bloomberg macro strategist, The likelihood of significant fiscal and monetary stimulus in China has risen sharply as the country strives to avoid a Japan-like debt-deflation trap. Beaten-up equities are poised to benefit disproportionately from a substantial boost to excess liquidity. It is often darkest before dawn. After a slew of dismal […] Source