The Health of the World’s Second-Largest Economy
The Health of the World’s Second-Largest Economy: Tom Essaye Quoted in Barron’s
Asian Stocks Gain as Investors Get Fresh Hope of China Stimulus
Asian traders seemed to largely shake off the latest grim development from China’s distressed property sector. As Country Garden edged to the brink of default—stocks moved higher after a report that meaningful Chinese stimulus may be due.
“The news is alleviating some lingering concerns about the health of the world’s second-largest economy.” Said Tom Essaye, the founder of Sevens Report Research.
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