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China Market Update: Central Economic Work Conference (CEWC) Release Highlights Domestic Consumption Revival: Deep Dive [Forbes]
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am
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US:NASDAQ Investor Relations: ir.jd.com
The late great market strategist Byron Wien was well known (and missed) for his annual “Ten Surprises” list of events markets we're unprepared for. After the US close, we got a Wien-like moment as CBS News reported President Trump invited President Xi to his inauguration. The invitation is unexpected, though equally shocking is the invitation's lack of Western media coverage, as I don't see anything in the Wall Street Journal, Financial Times, Reuters, etc. Bloomberg News, which edited its original headline to include “longshot” in the invitation request, downplays the probability of Xi attending, though that's why Xi should attend! Knowing that President Trump and President Xi recently spoke makes the probability not zero, in my opinion. The Trump tariff narrative remains the most significant headwind to US institutional and professional investors allocating to China despite their CFA and MBA designations telling them to buy low (Chinese stocks, especially China tech) and sell hig
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