At 4. 8 , premuch in line with expectations. 1. 8 , worse than expected. Retail sales are the weakest link in the recovering story in china. Than what the market was expecting. Property investment year to date coming in pretty much at 1. 9 . Versus an estimate of 1 . We also have the jobless rate coming in a tad better at 5. 7 versus 5. 9 . Which was expected by the market. Overall when you look at the economy, it looks like it is adding to signs the economy is picking up momentum. China probably will be reflecting in the rest of the world. Yvonne one of the key disappointments is still the consumption side with retail side still amiss in a negative fringe for a fourth straight months of 120 . About theuestions back half of the year. But the gdp is still the stand out. Take a look at the adjusted quarter on quarter. We are talking double digit growth of 11. 5 . The highest quarter on quarter at least nine years for china. This is how we are seeing things play out in the markets. Seeing
Hey, at least we’re doing a better job than South Africa and India. Barely.
At No. 37 out of 53 in Bloomberg’s COVID Resilience Ranking, the U.S. has plunged 19 spots from where it was a month ago no other country has fallen harder with hospitals nearing capacity and one American dying every 41 seconds from COVID-19.
“The U.S.’s steep drop in rank reflects the perils of a vaccine-reliant strategy,” Bloomberg explained. “It has authorized two cutting-edge mRNA vaccines this month and hundreds of thousands of doses have been rolled out, but that is yet to translate to an easing of the devastation on the ground.”