The latest stimulus announcement from China looks a lot like the last six or seven announcements. But the iron ore reaction was dramatic.
Is this China’s “whatever it takes” moment? Or just another in a long list of announcements with little follow through? In this week’s podcast Nucleus Wealth’s Chief Investment Officer, Damien Klassen and Chief Strategist David Llewellyn-Smith discussed these questions.
Agenda: Chinese stimulus “blitz, bazooka” and bull
- Recent stimmies more monetary than fiscal
- More to come but is it enough?
- Market impacts
- Economic impacts
- Asset implications
Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos.
Damien Klassen is Chief Investment Officer at the Macrobusiness Fund, which is powered by Nucleus Wealth.
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The information on this blog contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Damien Klassen is an Authorised Representative of Nucleus Advice Pty Limited, Australian Financial Services Licensee 515796. And Nucleus Wealth is a Corporate Authorised Representative of Nucleus Advice Pty Ltd.