He continued: "Many experts are confident that as bad as the numbers are, the Chinese are underreporting."
"The impact of all this on corporate profits and free cash flow will be dramatic," he said. "The effect on oil and energy prices could be even more extreme." To further demonstrate his thinking and highlight the market's complacency, Minerd points to pricing action in corporate bonds, a classic gauge for investor risk appetite. When spreads are tight, it's generally a risk-on environment. When spreads are blown out, it's risk-off.
H USA h jjfpooooooo
Hard work is the best in life 👉❤️🙏you follow me I follow you back fast
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut: