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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (75111)1/17/2020 12:53:08 PM
From: Goose94Read Replies (1) of 203026
 
Crude Oil: China’s GDP expanded by 6.1 percent in 2019, the weakest rate since 1990. The bigger question is whether the economy will continue to decelerate, or if it will bounce back due to reduced trade tensions. “Despite the recent uptick in activity, we think it is premature to call the bottom of the current economic cycle,” Julian Evans-Pritchard, senior China economist at Capital Economics, told the FT. “This year could be the opposite of last year, where the external environment improves but domestic stimulus efforts aren’t enough to support higher growth…We’re particularly concerned about the property sector.”
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