Thursday, September 10, 2015

Thanks to the pig.

As you know there is a disturbance in the Chinese economy and some 5 trillion dollars has been wiped off the value of its stocks.

And further slide would be a deflation of the Chinese economy. However, it is saved by the pig:
http://www.telegraph.co.uk/finance/china-business/11855626/Pigs-help-China-to-fight-off-threat-of-deflation.html

So, here you have it:
"It is feared that slowing demand could see inflation slump into deflation. The rise in pig prices has helped to allay some of those concerns."

In the financial world where fear is a powerful driving metric, the above is deemed a wondrous boon.





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