China Stimulus Package (AKA BAILOUT) Just Started.

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#stocks #stockmarket #tomleecnbc
We are going to be going over everything you need to know about the China stimulus package that was just revealed and what this could mean for our markets or the global economy. We also have new data for the US Economy today showing more weakening in labor markets.
*I AM NOT A FINANCIAL ADVISOR*
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They won’t let the ports shut down there will be deal made. Plus services pmi came in good. Showing people are still spending. Manufacturing is down mostly because people don’t buy as many physical items since consumer shifter spending to services. Interest rates for cars are high so people aren’t buying as many and housing is slow which also puts dent in manufacturing

tomek