- Markets have rejoiced too soon, due to old reflexes where bad news is supposed to be good news.
- Rallying strongly on the inevitability of more stimulus from China.
- But closer inspection shows the difficult balancing act amongst multiple, partly contradictory goals ahead for China, this is no time to rejoice.
Bad News Really Is Bad News | Seeking Alpha
January 8th, 2016 · No Comments
Tags: The Markets