3min chapter

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Unscripted Equity Curiosity Season 3 Episode 9: “Some Boats Are Rising”; Felix Wang on China’s Easy COVID Comps, High Unemployment (& Likely Stimulus), & SOE’s Making 52-Week Highs

Hedgeye Podcasts

CHAPTER

The Uncertainty of Consumer Spending in China

A year ago at this time there were shutdowns so instead of like going to the mall or whatever retail shopping I mean you could go to ecommerce. Now the consumers back fully spending everything's open so why would the consumer stuff money under the mattress right now? It just seems like everybody can't get comfortable with any kind of scenario it used to be oh okay we're afraid China is slowing down too fast well now it's like okay well now we're afraidChina is actually growing too fast in that the government will put a full stop on their system.

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