
How To Invest For Higher Interest Rates? | Alfonso Peccatiello
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The Chinese Market Rallyed 22 % to Day, Which Is a Massive One Day Move
The chinese a government stepped in overnight and said, essentially, we're not going to let markets go down any more. So the chinese market rally 22 % to day, which is basically the biggest one day move since 20 o, eight ery, 14 years. If you look at the chinese index, or a proxy for the index, like ticker symbel f x i, you'll see that china was down really hard a over the last couple o months. Now whether or not that sticks oris a bottom, i don't know. But it certainly is a huge one day move.
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