Chinas Collapse Has Entered a Dangerous New Stage

Interest rates continue to collapse in China even outpacing US Treasuries. Commodities are being crushed as prospects for the world’s two largest economies are getting worse by the week; by the day. Over the weekend, the Chinese reported negatives in consumer and more so producer prices, adding more evidence to what is shaping up in bond markets and beyond as a looming deflation shock. Eurodollar University’s Money & Macro Analysis Bloomberg China’s Deflationary Spiral Is Now Entering Dangerous New Stage Wall Street Journal Australian Economy Posts Weakest Growth Since Early 1990s China’s NBS Consumer Prices August 2024 China’s NBS Producer/Factory Gate Prices August 202