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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Sun Tzu who wrote (73394)11/4/2022 1:31:02 PM
From: ajtj994 Recommendations

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Even if China opens up, the global economic slowdown is real, and it is already happening in the US. While China is a huge user of commodities, their growth prospects will be blunted by the property market problems as well as lower export.

With a typical Chinese wage earner saving 50% of their income due to the lack of a safety net, stimulating consumer spending is also difficult, particularly when they could be locked down again at any time.
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