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Early Morning with Dave
China Prepares For a Fiscal Boost, But Asian Equities Still Take a Dive
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China Prepares For a Fiscal Boost, But Asian Equities Still Take a Dive

There is a sea of red across nearly all of Asia

David Rosenberg's avatar
David Rosenberg
Jan 16, 2024
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Early Morning with Dave
Early Morning with Dave
China Prepares For a Fiscal Boost, But Asian Equities Still Take a Dive
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Highlights

  • Swift EPS downgrades are pushing P/E multiples even higher 

  • China’s proposed big fiscal package fails to lift broader regional equity markets 

  • The U.S. data point to a stagnation in December’s real GDP 

  • Has the recession already started? 

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