
3 Things Are Certain: Death, Taxes, And China Chicken Littles
Earlier this morning, in "You Will Listen While I Talk About That Data From Japan And China," we said the following about the most recent deluge of "misses" from the world's most important economy:
Much like the miss on July trade numbers, the Chinese data wasn’t as bad as it could have been under the circumstances and we were coming off pretty robust June numbers.
China’s economy is slowing down. And it’s probably going to slow down some more in H2. The stronger currency isn’t helping