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Powell Set to Lay Groundwork for Higher Rates
Bloomberg Businessweek
Will China Not Jump Start Again With More Stimulus?
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Beijing has spent a lot of money already. Will they not, if things start to come and get into trouble, will they not jump started again with more stimulus? You know, that game is over. They're getting less and less bang for that buck when it comes to infrastructures. It's going to be the consumer that does the heavy lifting this time around. That translates something like great for LVMH, great for DIAJIO, great for all the consumer luxury companies sell.
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