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China's GDP at 11.1%

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DEP
Super Contributor
China's GDP at 11.1%. Does this mean the China will have to raise Interest rates to cool the economy a bit? Hence market jitters.
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6 REPLIES 6
john_1
Super Contributor
markets are are supply/demand The biggest driver of global growth is moving faster than anyone expected, so they raise interest rates but the money is not coming from the inside, its coming from everywere else.
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SimonPB
Valued Contributor
yip, and it means the resource boom continues, so this dip is more likely a buying time then a panic time. That said if stops are hit exit because who knows.
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john_1
Super Contributor
Exactky Simon the key for me is to stay very very bullish at these times we need a correction and the market has been looking for an excuse. but dont miss the boat when it turns....
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asylum
Super Contributor
At this rate John the turn will be mid aternoon.LOL
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john_1
Super Contributor
My point exactly look at ams thats not the chart of a share about to tank!
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DEP
Super Contributor
Euro Markets very volatile today on the chinese story...
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