Consumer confidence dips, China stocks soar: Trading takeaways

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Consumer Confidence Nyheter

Record Highs,Trading Session

The Dow Jones Industrial Average (^DJI) and S&P 500 (^GSPC) secured another set of record highs on Tuesday despite consumer confidence unexpectedly falling...

) secured another set of record highs on Tuesday despite consumer confidence unexpectedly falling in September. China stocks surged in Tuesday's trading session after the country unveiled new stimulus measures aimed at recovering its weak economy.The Dow and S and P 500 picking up another record close stocks rising after China unveils a stimulus package here with the trading day takeaways is Yao finances Josh Shaffer Josh.

I mean, I saw a strategist point out if you got a key 35 to 54 that declined to a level, we haven't seen the depths of the COVID lockdown, right.It's interesting and you wonder what's going on for those people, maybe that sector of the labor market, right?We're going to get in this chart with Julian in a little bit, but this was sort of the labor market differential chart.This is how we know this graft just explains to us that it's how people feel about the labor market.

Yeah, I I saw some smart commentary too, folks pointing out that the central issue for China remains the same, which is just this imbalance over investment in real estate under consumption by consumers. The stock market rally risks sparking an unsustainable 'melt-up' as the economy overheats, market vet Ed Yardeni says

 

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