The Worst Banking Data on Chinese Record

China's total credit in April actually fell for only the third time and by the most ever. Clearly the government is alarmed by that as well as the distinct lack of traction in the real economy (more deflation in producer prices, minimal gains in consumer prices). We'll go over what was just reported, what the government's next government plan is likely to be, and what the market(s) reaction(s) has(have) been. Eurodollar University's Money & Macro AnalysisNYT Biden Looks to Thwart Surge of Chinese Importshttps://www.nytimes.com/2024/05/08/us/politics/biden-china-imports.htmlWSJ China Hints at New Growth Push as it Warns of Rising Uncertaintieshttps://www.wsj.com/world/china/china-calls-long-delayed-policy-meeting-warning-of-rising-uncertainties-032fb571https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Om Podcasten

Jeff Snider will guide you through the realm of monetary science. Multiple episodes uploaded each week, discussing big news and key current events, the state of markets and what they are telling you, as well as historical summaries and deep background material so that you can understand what’s really going on in this eurodollar’s world.