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Listen "The Great "Hello Walls" of China - TMSpotlight by Les Parker"
Episode Synopsis
10-28-2024 The Great "Hello Walls" of China---------------------Hello, Walls. (hello) How'd rates go for Bears today?The Bond bears continued to ride the speculation that China will meet stimulus expectations. What happens when it misses?When China's package falls woefully short, expect a significant short cover rally in US Treasuries, with mortgage rates reaching 6% by year's end. The inflation outlook will improve if the US elects pro-growth and supply-side policies. However, the driver to reverse the recent rate rise comes from China's woes.I gotta feelin' China's gone a long, long time.Song: Hello Walls (1961)https://www.youtube.com/watch?v=7Iq0_ub_aHM
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