China Financing As Expected

By |2016-06-15T17:47:27-04:00June 15th, 2016|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Last week, the National Bureau of Statistics in China released what seemed like import levels that suggested “stimulus” was finally paying off and the economy had struck bottom. Among these more glowing results was an absolute surge in the importation of oil, which was blindly parroted as if Chinese demand due to the expected economic revival were the cause. Instead, [...]