Chinese money supply accelerated into late 2019 along with local bond issuance. Measured on a annualized 3-month rolling basis, M2 increased 16.7 percent as of January, up from 16.4 percent the year prior. However, January M2 growth was 1.84 percent, down from 2.15 percent a year earlier. May be no point in comparing since coronavirus is going to put an asterisk on the following months' data.
S&P 500 & Nasdaq Composite Approach Critical Resistance; Watch for These
Important Levels!
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A tug-of-war with no clear winner—that's what the stock market seemed to be
playing this week. With a Fed meeting, key economic data, and more earnings
on ...
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