Chinese household consumption has been slow to recover and government transfers are NOT helping much.
@Gavekal via @SoberLook https://t.co/tLAmv5zHwS
Though the trend is pessimistic, we are still a LONG WAY from the Bloomberg consensus forecast predicting a recession in
Though the trend is pessimistic, we are still a LONG WAY from the Bloomberg consensus forecast predicting a recession in the US in 2023. thedailyshot.com/2022/06/28/bus…