Deltec Bank & Trust Issues Investment Research Note Warning of Potential Trouble Brewing in Chinese Stock Market
Deltec Bank’s Investment Research team recently published note delving into flood of stimulus, ongoing Chinese equity market rally China’s latest wave of stimulus revives the old model for growth: debt-fueled fixed asset investment Fiscal, monetary boost to economy encouraging speculation within Chinese equity market, with stocks up 41% relative to March lows Deltec Bank has cast doubt on recent rally sustainability, warning of similarities to 2015 bubble Deltec Bank & Trust Ltd., a Bahamas-based private bank recently awarded the title of 2020’s ‘Best Private Bank in the Caribbean’ (http://ibn.fm/ii1ua), has published its latest investment research note entitled “Big Trouble in Little…