Taking a look at the recent macro data from China (the latest being last night's IP number), the...

|By:, SA News Editor

Taking a look at the recent macro data from China (the latest being last night's IP number), the Also Sprach Analyst suggests the bears have been wrong for not being bearish enough. A late Q1 stabilization in the economic slowdown came and went, and the April data has all been bad. Only slowing inflation - giving room for easier monetary policy - is a positive.