New signs of crises in China economy. Consumer inflation (CPI) cools off and Producer deflation (PPI) deepens. This is the fifth consecutive quarterly report showing a contraction. Core inflation is now 0,1% minus food and energy. The centralbank is positive on more fiscal stimulus to boost the economy. China has now a weak domestic demand. They need to take measures to support the Real estate market and authorities and students with high levels of debt. Airfares and hotelaccomodation is getting a bit cheaper.
We will follow next week closely in TSC Premium to find the next trade and the China effect to the North American stockmarkets!
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