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China’s Property Debacle Is a Key "Tail Risk"
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China’s Property Debacle Is a Key "Tail Risk"

A hard landing in China wouldn’t be so soft for the U.S.

David Rosenberg's avatar
David Rosenberg
Apr 02, 2024
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Early Morning with Dave
Early Morning with Dave
China’s Property Debacle Is a Key "Tail Risk"
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Highlights

• A hard landing in China wouldn’t be so soft for the U.S.

• Most developed countries are already in, or heading into, a recession

• Powell pushes market rate cut expectations further out

• Are the wealth effect and illegal immigration pushing spending higher?

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