August 11, 2023

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Hotter PPI

Please click here for a chart of China ETF ASHR.

Note the following:

• The Arora Report has been warning you for a while that the worsening relationship between the U.S. and China is a risk that long term, prudent investors need to take into account.
• Biden has soured the stock market sentiment by calling the Chinese economy a “ticking time bomb.”  Biden also called the Communist Party’s leaders “bad folks.”
• Biden also jabbed China’s President Xi by calling his signature Belt and Road Initiative the “debt and noose.”