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China's Latest Round of Property Stimulus Fails to Inspire Markets
China's Property Sales Make Notable Recovery After Recent Stimulus
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ProShares Ultra FTSE China 50 Declares Quarterly Distribution of $0.1839
One word sets off the global market, Powell said it ten times!
"Recalibration" of the cost-cutting of 50 basis points is the latest interpretation, igniting market risk appetite and boosting the rise of small cap stocks. However, there are opposing voices that believe the 50 basis point rate cut is mainly to address economic recession. If the subsequent economic deterioration forces the Fed to cut rates more aggressively, can we still use "recalibration" as an excuse?
Daring Lu : China is the next Super power.