• Beijing’s Big Gamble: Stock Markets Soar On China's Stimulus

  • Oct 2 2024
  • Length: 42 mins
  • Podcast

Beijing’s Big Gamble: Stock Markets Soar On China's Stimulus

  • Summary

  • China’s economic boom has slowed as debt, deflation, and demographics weigh on the economy. Beijing belatedly announced a massive stimulus package, cutting interest rates and funnelling money into the stock market. But will it be enough to turn around the world's second biggest economy?

    And in today’s Dumb Question of the Week: What’s the difference between fiscal and monetary policy?

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    This podcast is for informational and entertainment purposes and is not financial advice. We do not provide recommendations or endorse any decision to buy, sell or hold any security. We cannot be held responsible for any actions listeners may take and investors are encouraged to seek independent financial advice.

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