Hedgeye CEO Keith McCullough this morning:
On the heels of another horrendous week for Chinese data and an ongoing stock market crash (Shanghai down another -1.1% overnight taking its crash since JAN to -25.5%), the Chinese are going to issue a record level of local bonds this week at 379B Yuan; good luck with that – the cycle’s compares get tougher through Q119
Click here to get our "Cartoon of the Day" emailed to you for free.