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I've been talking about the collapse of the Chinese stock market for months now, and I'm not the only one who's noticed how weak its trading has become.
That's why today, we're revisiting a piece on China trade data that Fortune Research Head Trader Matt Warder wrote last July with the intent to see how things have changed since then.
Spoiler alert: Although data has been updated, not much is different. The near-term outlook remains bearish, and longer-term projections show a decreasing willingness for global trade partners to put up with China's controlling nature.
But with this week's debacle in Afghanistan, along with rampant speculation that the fallout will somehow work out well for the Middle Kingdom, Matt felt the need to update this data — if only so he could update his own perspective.
And while that perspective hasn't changed much, that doesn't mean it won't next time… or the time after that. | | |
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