QualityStocksNewsBreaks – Deltec Bank & Trust Ltd. Delves into Latest Wave of Stimulus, Sustainability of Chinese Stock Market Rally
Deltec Bank & Trust, a Bahamas-based private bank recently awarded the title of 2020’s “Best Private Bank in the Caribbean” (http://ibn.fm/ii1ua), recently published its investment research note titled, “Big Trouble in Little China?” (http://ibn.fm/th6Jg). The piece delves into the latest wave of stimulus to hit China’s economy while exploring the ongoing Chinese stock market rally’s sustainability. A recent article discussing this reads, “By cutting overnight interest rates, lowering reserve ratio requirements, and increasing directed lending by state-controlled banks, China has engineered yet another wave of stimulus. This is visible in measures of the ‘credit impulse’ – an aggregation of total social financing…