PVG Market In A Minute – January 12, 2016
- PVG Admin
- January 12, 2016
We have known for a while how bad China was, it seems it is starting to be the consensus, (there is generally always another shoe to drop, Bear Stearns then Lehman). We believe China is in a recession, the consensus is, growth might be around 2%-3%, that is just not right. Our markets are down about -6% year-to-date, and China is the blame.
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Market in a Minute 2016-1-12