XJO 0.86% 8,355.9 s&p/asx 200

XJO - Bear Posts only (Factors which might cause the markets to fall), page-17453

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    I stole this off twitter/X save me time typing it up:


    *CHINA AUGUST UNEMPLOYMENT RATE RISES TO 5.3%; EST. 5.2%; PREV. 5.2%

    *CHINA RETAIL SALES RISE 2.1% Y/Y; EST. 2.5%; PREV. 2.7%

    *CHINA INDUSTRIAL OUTPUT RISES 4.5% Y/Y; EST. 4.7%; PREV. 5.1%


    Seems to be correct according to all the articles floating around. So the two questions I have is firstly, what are the real figures? Things must be really bad for them to actually publish misses? And secondly, if China a growing super power is heading for a recession of recessions what hope do we in the West have with our never before seen historic debt?

    Wasn't China supposed to bail us out the bulls originally said? That ramp didn't age well...I guess common sense says no one is coming to save us this time?...


    Last edited by TheReaper: 15/09/24
 
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