$Direxion Daily FTSE China Bear 3X Shares(YANG)$ China's stimulus package is different than the US meaning they don't cut checks out to their citizens. Merely lowering the downpayment required on real estate and cutting mortgage rates won't move spark the economy IMHO. Given the mass exodus in international manufacturing and decrease investment I don't see this market spike sustainable.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments