IMF’s Gourinchas: China’s stimulus measures announced by PBOC not sufficient to lift GDP

• China stimulus measures announced by the PBOC are not sufficient to lift growth in a substantially material way

Goldman Sachs and others have been highlighting this as well. There are certainly some things for the stock market but it’s tough to disconnect the stock market from the real economy, especially with the risk of Trump tariffs just weeks away.

This article was written by Adam Button at www.forexlive.com.