Business pessimistic + consumers less worried about inflation = monetary and/or fiscal stimulus. More on the earlier quarterly business survey from Reuters.
Looking through the press in China today, there’s no reason for concern. China Securities Journal: at least 10 cities will maintain restrictions on new home buys (a sign that they believe the market is still healthy). Shanghai Securities News: full … Continue reading
A survey from China’s central bank shows consumer inflation expectations falling in the first quarter of 2012. The survey also shows bankers expecting mon pol to loosen in Q1. We should see an uptick in risk appetite and commodity FX … Continue reading
More from Bloomberg.
Prices down for two months running…
A serious global slowdown looks likely in 2012 – or, at least, that’s the way conventional wisdom is shifting. Latest from Liam. I got to admit, I like the way this guy thinks.
Some talk one could come as early as this weekend. One Chinese contact told me there is talk it could even come on Christmas Day. Nice Christmas present :)