Market Talk – April 7, 2025
ASIA: The major Asian stock markets had a negative day today: • NIKKEI 225 decreased 2,644.00 points or -7.83% to 31,136.58 • Shanghai decreased 245.43 points or -7.34% to 3,096.58 [...]
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.
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