
Broken China? Maybe Things Aren’t So Bad
Despite crackdowns on businesses and too much debt, the nation should resume its ascent, says NEPC.
Despite crackdowns on businesses and too much debt, the nation should resume its ascent, says NEPC.
Price boosts of 3% or so would spur the economy and stocks, the Leuthold strategist argues.
That has happened just once since 2009, but CFRA’s Stovall expects a re-run.
It’s not pretty: History shows that this bad combo pares equities’ median returns by 2%, Goldman says.
Forget the V and U trajectories of yore, LPL’s Gilbert says.
A surging China elbows others, the deficit-burdened US struggles, and Brexit is in the pits.
Some $2.9 trillion, hoarded by rich nations’ consumers, will fuel post-virus spending, Bloomberg Economics thinks.
There are three reasons why, after long dwelling at subterranean levels, the cost of money will eventually poke its head up.