China Deploys its Bazooka
With China unveiling a massive property rescue program and the U.S. economy showing signs of cooling down, what will it mean for stocks? In this week’s market update, we look at the potential impact of Chinese stimulus and whether a slowing U.S. economy may be good or bad for stocks.
Key Takeaways
- We believe the stock market breakout is the real deal and should be embraced
- U.S. stocks are rallying but leadership may be shifting overseas
- The U.S. economy is finally cooling off but we don’t think that’s a bad thing
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