• It’s too early to know whether last week’s decline in stocks will become a bigger problem.  We’re going to have to see more downside follow-through in the weeks ahead to draw that kind of conclusion.
  • China’s stock market has already broken a very important support level.  Now, it is testing another one.  What does this weakness tell us about the growth in that country this year…and/or about global growth in 2024 as well?


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