I Wouldn't Buy This Chart

Bloomberg: End in Sight for China’s Years of Factory-Gate Deflation: Chart
The end was in sight in mid-2014 too...

Fundamentals could change. China could devalue the yuan versus USD faster than commodities depreciate versus USD. Or maybe the corner has turned and commodity prices are rising. From the chart along, however, it looks like a bear market rally. When it exceeds the 2014 high, then the end will be in sight, though it still might not get there....

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