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Unpacking The Chinese Stimulus Bazooka

Published 1 year, 3 months ago
Description

The Chinese stimulus bazooka has been fired.

Chinese authorities have announced aggressive interest rate cuts, a 1 trillion yuan capital injection for Chinese banks, and they 

are also mentioning the magic words: fiscal stimulus.

As a result, stocks are soaring and commodities are rallying.


But - is it really going to work? And can China really afford such a stimulus?

Alf and Brent unpack this in today's show.


Elm's ''Crystal Ball'' Trading Game: https://elmwealth.com/crystal-ball-challenge/


Transcript: https://www.spectramarkets.com/tmtf-transcript-27sep2024/

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