government shutdown: Xi met those leaders on the heels of the 2018 growth numbers, the worst since 1990, inspiring POTUS to tweet that China should do a Real Deal and stop playing around, according to Market Watch. He means, of course, a trade deal, which looks no closer than an agreement to end the longest partial government shutdown in history. At the top of the radar for investors returning to the action Tuesday, was a hush-hush meeting between Chinese President Xi Jinping and his Communist Party leaders, who were warned to watch out for unpredictable black swan events and gray rhino obvious, yet ignored occurrences that could hurt the economy and shake up social stability. Read on in the buzz . And there's plenty of gloomy talk coming from the World Economic Forum in the tony Alps town of Davos, where Bridgewater Associates' Ray Dalio said the thought of the next economic downturn is what's keeping him up at night, given there will be limited monetary tools to fight it off. UBS's Weber says normalizing rates this cycle is 'mission aborted.' G3 Balance sheets and MSCI World Index move in lockstep. QE infinity is all the talk in Davos at WEF19 Bridgewater's Dalio says monetary policy will be easier than factored into markets.
(news.financializer.com). As
reported in the news.
Tagged under government shutdown, growth numbers topics.