Carl Ashton from Citi Private Bank discusses the recent rally in the Chinese market on the back of the PBOC’s new stimulus. He adds that depending on the effectiveness of the PBOC’s fiscal policies, the rally may even extend until 2025.
Carl Ashton from Citi Private Bank discusses the recent rally in the Chinese market on the back of the PBOC’s new stimulus. He adds that depending on the effectiveness of the PBOC’s fiscal policies, the rally may even extend until 2025.
I def agree , there is so much money flowing in cuz so many funds underweight China are now covering their positions. And if Oct numbers are positive, there will be another wave.
Dude’s just repeating what he read from the papers…
WEST IS BANKRUPT
My Financial Times gives me a better summary
“Corruption is RAMPANT in China!” -Victor Gao, August 2024 in front of a live international audience.
Good luck!
Its rampant in the US too!!
@@tahiti1 Cope a little harder… Uncle Gao would expect more of you. If he’s still breathing.