Good Morning Everyone!
Somebody forgot to tell consumers we’re headed into a recession.
Prices as of 4 pm ET, 11/25/22; % YTD
MARKET UPDATE
Complicating China’s path to reopening
Protests erupted against China’s Covid-Zero strategy
Wide spread: Beijing, Shanghai and over 100 Universities
Largest threat to Chinese power since Tiananmen crisis 30 years ago
China ETF
President Xi Jinping has recently secured a 3rd term
And XI appointed Li Qiang (oversaw Shanghai lockdown) to the party’s #2 spot
How will Xi react?
Concern is that China will either suffer from continued lockdown measures
Or…
A health crisis if the government is …
Full story available on Benzinga.com