Policy
Pessimism Dominates Among US Small Business Owners…
ZEW Points To A German Recovery But Headwinds Persist…
SNB: No Longer A Tailwind For CHF…
US-China Relations: No Good Reason To Overweight Chinese Stocks…
China will continue to suffer from a “triple crisis”. Though there could be a tactical bounce, cyclically we still recommend underweighting Chinese equities.
Seasonal Factors Boost Chinese Credit Growth In January…
Canadian Labor Force Survey Delivers A Positive Surprise…
Can The US Dollar Rally When The Fed Cuts Rates…
US Recession: Delayed But Not Denied…
Chinese A-shares will probably begin forming a volatile bottom. The basis is that authorities will likely throw the kitchen sink at the onshore market in an attempt to stabilize share prices. The same is not true for offshore listed stocks. Hong Kong-traded Chinese share prices will likely continue to fall. Beijing is less concerned with offshore stocks as their holders are primarily foreign investors.