Stagflation Shockwave: China Surprises With Unexpectedly Strong Inflation As GDP Shrinks
With banks slashing China GDP left and right, with Goldman becoming the latest bank to do so over the weekend when it cuts its Q3 real GDP forecast by 3.5% to 2.3% Q/Q (vs. 5.8% previously), and its full year GDP forecast to 8.3% yoy (vs.