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Chinese Economy Crashing As Trump Brushes Aside Calls For Trade Negotiations

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Mark Melin
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China’s economy continued to contract in September as talk of trade negotiations with the Trump administration have cooled.

Q3 hedge fund letters, conference, scoops etc

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TimHill / Pixabay

Most often Chinese economic activity ramps up in September, but for the first time the NBS manufacturing PMI, which measures economic output to degrees, was down as broad measures of economic activity have been sliding. Real GDP growth in the third quarter is tracking to 6.5-6.6%, a Macquarie report noted, down from the second quarter and it “will likely remain on a broad deceleration trend over the next 12 months,” Macquarie Capital’s

 

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.