How Goldman Sachs is reading the latest China news
I've been focused on China all week and thinking about how the stimulus will play out. So far so good with Chinese equities up a sparkling 10% as we head into the final trading day of the week. ZeroHedge has a great recap of the latest note from Scott Rubner, managing director for global markets at Goldman Sachs and how he sees the latest moves from China."Re-emerging Markets have quickly become a favored post-US election trade for November and December," he notes.It's worth a read. This article was written by Adam Button at www.forexlive.com.
I've been focused on China all week and thinking about how the stimulus will play out. So far so good with Chinese equities up a sparkling 10% as we head into the final trading day of the week.
ZeroHedge has a great recap of the latest note from Scott Rubner, managing director for global markets at Goldman Sachs and how he sees the latest moves from China.
"Re-emerging Markets have quickly become a favored post-US election trade for November and December," he notes.
It's worth a read. This article was written by Adam Button at www.forexlive.com.
