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Global Growth Concerns Ramp Up With Volatility The Clear Winner
Global Growth Concerns Ramp Up With Volatility The Clear Winner
- The way I see the state of play is that this is a global demand issue. Although this has been the case for some time, it is now fully in the market’s crosshairs. Korea’s export numbers (-14.7%) epitomised this view and China’s exports numbers (out next week) will do too. I feel it is wrong to put the downturn in markets on an increased concern that China’s economy is slowing down, we know that they are dictating that. It is more that the policy initiatives seem engineered on a daily basis and the plans seem to lack a cohesive, well thought-out process. On Monday, there was great confusion about whether the China Stability Fund would ... (full story)
