Early Morning with Dave

Early Morning with Dave

Share this post

Early Morning with Dave
Early Morning with Dave
Sober Second Thought on China’s Stimulus

Sober Second Thought on China’s Stimulus

Only fiscal policy can help solve China’s fundamental issues

David Rosenberg's avatar
David Rosenberg
Sep 25, 2024
∙ Paid
4

Share this post

Early Morning with Dave
Early Morning with Dave
Sober Second Thought on China’s Stimulus
Share

Highlights

  • PBOC easing to provide nothing more than a temporary boost

  • Only fiscal policy can help solve China’s fundamental issues

  • Investors do not need a recession to be bullish on bonds

  • Stay the course and fade near-term yield gyrations — lower yields are ahead

Keep reading with a 7-day free trial

Subscribe to Early Morning with Dave to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Rosenberg Research
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share