CSIMarket.com

With CPI inflation missing on the downside and at a 5-month low, and with PPI inflation still in negative territory, the Chinese authorities are signaling a stronger commitment to policy stimulus (see FT coverage below). The markets like this, sensing that it's a prelude to a “bazooka” stimulus. The Chinese authorities hope to avoid a self-reinforcing “Japanification” of the economy. The challenge is to craft monetary and fiscal stimulus measures consistent with the required restructuring of the economy, including revamping the growth model. #economy #china #markets #economtwitter

From the @FT: "Investors have pumped almost $140bn into US equity funds since last month’s election as traders bet Donald Trump’s administration will unleash sweeping tax cuts and reforms in a boon to corporate America. US equity funds have notched up inflows of $139.5bn since Trump’s victory on November 5, according to data provider EPFR. The rush of buying made November the busiest month for inflows on records stretching to 2000. The flood of new money has helped to drive the major US stock indices to a series of record highs, with traders shrugging off concerns that policy proposals such as widespread increases in tariffs could drive up inflation and threaten the Federal Reserve’s plans for further interest rate cuts." #economy #markets #stocks