Moody’s Lowers Credit Rating of China to Negative from Stable
Moody’s lowered its outlook on China’s credit rating stable to negative. We have been warning that our models on China indicate that the bottom in the economy does not appear likely until 2020. This should be a 13-year contraction. So far, that forecast appears to be on target.
Latest Posts
Interview: Shaun Newman Podcast
Click here to listen to my latest interview with Shaun Newman on Spotify.
Market Talk – May 3, 2024
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 closed Shanghai closed Hang Seng increased 268.79 points or 1.48% to 18,475.92 ASX 200 increased 42.00 [...]
Palestinian Refugees Heading to America
To the surprise of none, President Joe Biden is considering allowing Palestinians to seek refuge in America. Technically, they could already come here; anyone and everyone could come here, as [...]
