Normal
My crystal ball worked today, lol. I thought it would be China's stance on the economy.If nothing else bad happens between now and then you might see a decent price movement from late Jan to early Feb.https://www.reuters.com/world/china/china-announces-first-monetary-policy-shift-since-2010-spur-growth-2024-12-09/China vows to ramp up policy stimulus to spur growth in 2025SummaryChina monetary policy shift is first in 14 yearsFiscal policy will be more proactiveStock market jump as policy tone raises optimismTrump's tariff threats a major risk to growthBEIJING, Dec 9 (Reuters) - China will adopt an "appropriately loose" monetary policy next year, the first easing of its stance in some 14 years, alongside a more proactive fiscal policy to spur economic growth, the Politburo was quoted as saying on Monday.China will step up "unconventional" counter-cyclical adjustments, focusing on expanding domestic demand and boosting consumption, state media Xinhua reported, citing a readout of a meeting of top Communist Party officials, the Politburo.
My crystal ball worked today, lol. I thought it would be China's stance on the economy.
If nothing else bad happens between now and then you might see a decent price movement from late Jan to early Feb.
https://www.reuters.com/world/china/china-announces-first-monetary-policy-shift-since-2010-spur-growth-2024-12-09/
BEIJING, Dec 9 (Reuters) - China will adopt an "appropriately loose" monetary policy next year, the first easing of its stance in some 14 years, alongside a more proactive fiscal policy to spur economic growth, the Politburo was quoted as saying on Monday.
China will step up "unconventional" counter-cyclical adjustments, focusing on expanding domestic demand and boosting consumption, state media Xinhua reported, citing a readout of a meeting of top Communist Party officials, the Politburo.
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