Emerging markets (EEM, EMXC) are trending down on the first trading day of 2024 as Chinese markets have had one of its worst starts to a year since 2019. Last month, China injected a stimulus of $50 billion into banks hoping to send some momentum into its economy.
Yahoo Finance’s Jared Blikre joins the Live show to discuss what is going on with Chinese markets and how emerging markets could play out going forward.
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Never trust or invest in the CCP in China and their corporations or debt.
China threatening Red Sea.