China's plan for short-term pain leading to long-term gain is dubbed Likonomics - for Premier Li Keqiang - by Barclays, who says it's just what's needed to put the country's economy on a sustainable path of 6-8% growth for the next decade. Unfortunately for the short term, the plan's 3 pillars - no stimulus, deleveraging, and structural reform - mean a "temporary hard landing" of economic growth of just 3% sometime soon. Shanghai (FXI, CAF) was flat overnight, and is off nearly 15% YTD.
China's plan for short-term pain leading to long-term gain is dubbed Likonomics - for Premier Li...
From other sites
Video at CNBC.com (Sep 8, 2016)
Video at CNBC.com (Jun 27, 2016)
Video at CNBC.com (Apr 15, 2016)
Video at CNBC.com (Nov 21, 2014)
Video at CNBC.com (Sep 22, 2014)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs