
Surveillance: Michele sees recession by year end
Bloomberg Surveillance
00:00
China's Static Plateau
China can't export much of anything right now, but I hope what they do is disinflation for the rest of the world. What is the degrees of freedom an autocracy has Sunday afternoon, New York time when they're supposed to provide stimulus? So China right now is snowballing into a fairly bad static plateau. Bill: One of the things we talked about at the Milking Conference that just ended a month ago was that a lot of the investors going to China go into the private markets.
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