China Commodities, Stocks Are Tumbling

As we just detailed in great depth, China’s credit growth is slowing at just the wrong time – as exemplified by last night’s economic malaise and bond market weakness – and tonight we are starting to see it ripple through commodity and stock markets…
As we noted earlier, Chinese bonds are breaking key levels as China’s credit impulse begins to weigh…
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And tonight we are seeing that deleveraging pressure filter through to equity markets…

This post was published at Zero Hedge on Nov 14, 2017.

 

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