fai

China’s Managed Decline Manages Another Quarter

By |2019-07-15T13:54:18-04:00July 15th, 2019|Markets|

The latest batch of economic from China featured a little something for everyone. For those thinking about a second half rebound, retail sales gained nearly 10% in June. It was the first time near to double digits since March 2018. At the other end of the spectrum, Real GDP rose just 6.2% year-over-year in the [...]

China’s Wolf, Not Dragon

By |2019-06-14T17:09:08-04:00June 14th, 2019|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Much of the original thesis on economic decoupling surrounded myths of what were believed invulnerable economies. Emerging markets might see some slowing during 2008, but they weren’t supposed to drop off. China was right at the top of everyone’s list, the unstoppable force then transforming the world’s political as well as economic order. In the [...]

Global Doves Expire: China’s Big 3 Stats Put To Rest RRR Myths

By |2019-05-15T12:55:50-04:00May 15th, 2019|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

The Fed has its pause. The ECB is going to conduct another T-LTRO. But of all the central bank responses to the “unexpected” global weakness of late 2018, the Chinese’s was supposed to be the leader. The most forceful pushback against a worldwide downturn was reported to have been the PBOC’s “powerful” RRR cuts. China’s [...]

China’s Blowout IP, Frugal Stimulus, and Sinking Capex

By |2019-04-17T11:48:52-04:00April 17th, 2019|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

It had been 55 months, nearly five years since China’s vast and troubled industrial sector had seen growth better than 8%. Not since the first sparks of the rising dollar, Euro$ #3’s worst, had Industrial Production been better than that mark. What used to be a floor had seemingly become an unbreakable ceiling over this [...]