Listen ""China Grove" Woes Support Yields - Macro Market Update by Les Parker"
Episode Synopsis
7-07-2025 "China Grove" Woes Support Yields--------------------Talkin’ ‘bout China WoeChina woes support US mortgage rates falling to the low 6s. Its consumption remains historically low at 39% of GDP. Yet, it wants its economic model driven by domestic demand, supported by fiscal stimulus.The transition produces deflation, which gets exported to the US. So, despite the One Big Beautiful Bill, content Oil and deteriorating fundamental news feed lower yields.The people of DC are strange, and they’re proud of what they've made.These views are mine.Well, we’re talkin’ China Woe.Figure out woes at TMSpotlight.com ------------------Song: China Grove (1973) Doobie Brothers
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