01-06-2016, 11:30 PM
China's money supply is also catching fire. Growth of 'real true M1' has spiked to 10pc, a giddy shot of caffeine not seen since the post-Lehman spree. Combined credit and local government bond issuance is surging at a rate of 14pc. The Communist Party cranked up fiscal spending by 18.9pc in November.
Economic sweet spot of 2016 before the reflation storm - Telegraph
The epic dollar rally has come and gone. The world's currency will drift down over coming months, and that will be a reprieve for the likes of Brazil, Turkey, South Africa, Indonesia, and Colombia. Those at the wrong end of $9 trillion of off-shore debt in US dollars may breath easier: they will not escape. The MSCI index of emerging market stocks will return from the dead, clawing back most of the 28pc in losses since last April, but only to lurch into a greater storm
Economic sweet spot of 2016 before the reflation storm - Telegraph
For all its swings this year, the stock market ended 2015 close to where it started. And 2016 won’t be any better. At least that’s the view of the market's Rodney Dangerfields, the nickname I like to give to stock newsletter writers with great records who I like to check in with for an annual forecast.
14 Hot Stock Picks for 2016 from Top Newsletter Gurus - Yahoo Finance
The Chinese yuan plunged to a five-year low in offshore trading and the gap between it and its mainland counterpart widened sharply on Wednesday, reflecting growing expectations of further weakness in the currency as China's economy slows and capital outflows accelerate amid a stock slump.
Offshore Chinese yuan plunges to five-year low amid slowdown, stock slump
Xiaomi's first ever laptop has hit pre-order, and it could well be the bargain of 2016. That's quite a big claim, of course, given that 2016 has only just begun. But the reveal of Xiaomi's much-anticipated entry to the laptop market shows an extremely capable device for a scarcely believable price.