Looks like #china is moving from a soft landing to a hard landing in its economy which is being impacted by #coronavirus...if global economy keeps moving toward recession what other tools do central banks have? Rates are already negative!
China economic growth already slowest in three decades because of trade war with US. Now #coronavirus fears could lead to panic! China boosting liquidity to record levels of 1.2 trillion yuan! Maybe have to sell dollars or us bonds? pic.twitter.com/AGNkkCMr9q
— Jeb Handwerger (@goldstocktrades) February 3, 2020