Thursday, October 30, 2014

China's Housing Downturn: Is This a More Serious Correction?

China's housing downturn..."is this a more lasting correction?

Source: @IanTalley @WorldBank

...For now the markets don’t seem to be pricing in an impending improvement in China’s housing demand. Here is the May-2015 SHFE steel rebar futures contract (actively traded)."


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