BIDEN SOURS THE SENTIMENT BY CALLING CHINA A “TICKING TIME BOMB,” HOTTER PPI AGAINST STOCK MARKET MOMO NARRATIVE
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.”
August 11, 2023