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2min chapter
Wall Street Keeps Overestimating China's Macro Data
Market Depth
Introduction
Weston Nakamura from Blockworks Macro in Tokyo, which are Asian markets closed and welcome to the market depth podcast. Bringing you global market commentary analysis from the Asia Pacific trading session so that you know what happened overnight. So as I go through China data, China's GDP miss retail sales miss industrial production beach, success and investment miss and youth unemployment now above 21%. We're going to run through the data, the price action on currencies and commodities and I'm going to break down the mechanics of Wall Street economists and why they cannot get this China call right for the life of them.
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