Editor's Note: Below is a chart from today's Early Look written by Hedgeye CEO Keith McCullough. Click here to learn more.
Like USA’s growth and inflation data #slowing yesterday (and the Atlanta Fed finally dropping their US GDP nowcast from 2.73% towards where we’ve been since SEP of 2018), we data dependents also get Chinese economic data:
And Chinese Bank Loan growth continued to slow, despite plenty of US naval gazers hoping all of this “Chinese Stimulus” and “deal” tweeting was going to magically re-accelerate China’s #slowing economy. |