Why bad news from China could be good news for investors
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Why bad news from China could be good news for investors: Kay Van-Petersen (VIDEO) The latest manufacturing PMI figures underlined the sense of decline in China, missing expectations at an 11 month low. However, bad news may be good news, explains Kay Van-Petersen, Saxo Capital Markets Asia Macro Strategist: Initially the market took it negatively, but things turned around and rallied. What we have in China is similar to QE in the ECB where actually bad news is good news, as people interpret that as more pressure for policy support down the line. (VIEW LINK)
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