Inflation has fallen in most developed nations, and central bank officials are now trying to steer their economies toward a so-called soft landing.
If Beijing starts throwing more government money at the problem, particularly for infrastructure, that could have global ripple effects.
Commodities would likely see another big push, impacting everything from US manufacturing to energy sectors. There could be major shifts in supply chains and pricing for raw materials (yes, again).
As Bloomberg’s chief Asia economist Chang Shu put it, “Delivering all these measures at once is highly unusual," going on to say that it "speaks to the urgency felt in Beijing to head off deflationary risks and get growth on track for this year’s 5% [national growth] target.”
I love watching the way these people who like to make money, when the rubber meets the road, can’t stand anything the market actually does. Why do anything? Just stand back and take your lumps. It’s called freedom. (Yes, I’m being impish and provocative) Oh great socialist in the sky! Please come and prevent a recession. It’ll be bad for the stock market if you don’t. THEN what will we do for the next 2 to 4 consecutive fiscal quarters!!!
It amazes me that some people seem to think that tariffs are the answer to any of our problems. It will cause inflation that will make the 70s look mild. It will protect American corps high prices and profits and do nothing to make that situation better. It’s a stealth tax on our own citizens. And yet it might happen.
TFG tried tariffs. All he did was tank his own economy in the process. Now he wants even more of a bad thing.
Odd they understand they are lied to but do not understand when they are told the truth. Worse that the lie causes damage to them and the truth can make them wealthier.
Earlier today was interesting. I set up that A and B because two speeches were given divided into those two camps .