Update: The PBOC updated its TSF calculations, mainly affecting stock. The jump was a product of my not having updated the prior data. As the new chart shows, TSF outstanding grew faster than reported last year and that growth is still decelerating.
Reuters: China July total social financing drops to 1.04 trln yuan
Data from PBoC.
Out Like a Lamb
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FEEDThe week ahead will wrap up the meat of the earnings season, with
Amazon (Tuesday) and Apple (Thursday) being the highlights.
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