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27 Sep 2024

BCA's Marko Papic (@Geo_papic) sees Chinese monetary & fiscal stimulus as a "fairly big deal": "This is Beijing’s 'Whatever It Takes' moment.

Effectively, Beijing has reached a point where the policy focus shifts from guarding against moral hazard to guarding against political risks." He bets, that we are at the start of a major rotation out of US assets. Source: HolgerZ, Bloomberg

26 Sep 2024

China shorts are "ALL-IN".

Even more than at *the* Bottom. Source: Macro charts

26 Sep 2024

Xi's economic adrenaline shot is only buying China a little time

Source: Bloomberg

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