Tuesday, September 8, 2015

US Stocks Higher On Hopes of Chinese Stimulus

The sooner China abandons stimulus, steps aside and lets market forces unwind the excess of the previous expansion, the faster its economy will recover. The Chinese could use either the ineffectiveness of Fed or Japanese QE since 2001 and 1989 as examples from modern history of the futility managing the business cycle and/or painless unwinding the previous cycle's excesses.

Headline: Wall St. opens higher as investors bet on Chinese stimulus

(Reuters) - U.S. stocks opened higher on Tuesday after weak economic data out of China increased hopes of more stimulus measures from the Chinese government.



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