Disconcerting Déjà Vu
China's grand reopening after three years of government-imposed isolation was supposed to save the global economy from a deep recession and rescue risk sentiment after a dastardly year for financial assets of all sorts. Instead, Xi Jinping's forced abandonment of strict virus containment protocols is turning into yet another headache for war weary investors. With daily infections in China reportedly running in the tens of millions and little to no visibility into the state of the nation's outb
2 thoughts on “Disconcerting Déjà Vu”
It would be hard for any investment fund to show too much cash as of December 31, 2022 in their published financials.
I’m just glad I can start to build a position in AAPL finally.