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Markets Give Up On The China Reopening

Market Depth

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The June PBOC Rate Cut Window

Estimates are currently that at the end of May, we'll see 40 million infections per week. And then that's going to peak at 65 million per week at theend of June. End of June is the peak is what they're saying. So therefore in either case, it certainly doesn't help this reopen bull case in the immediate term.

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