Posted by DigiNomad on 17th of Jan 2024 at 03:06 pm
I honestly didn't think the Chinese numbers were that bad.
Basically in line with expectations and a big beat on youth
unemployment. The problem is who the data is coming from. If
they say 5.2% GDP and 14% youth unemployment (down from 20+), maybe
it's really 4 and 19? Hard to say. Makes for a tough
investment and/or trade. I bought a few calls but gave myself a few
months to potentially be right (sized it like a lottery
ticket...very small trade).
Less and less reason to subject your company to IP theft and
logistics issues as CCP labor moves up the cost curve.
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I honestly didn't think the
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Posted by DigiNomad on 17th of Jan 2024 at 03:06 pm
I honestly didn't think the Chinese numbers were that bad. Basically in line with expectations and a big beat on youth unemployment. The problem is who the data is coming from. If they say 5.2% GDP and 14% youth unemployment (down from 20+), maybe it's really 4 and 19? Hard to say. Makes for a tough investment and/or trade. I bought a few calls but gave myself a few months to potentially be right (sized it like a lottery ticket...very small trade).
Less and less reason to subject your company to IP theft and logistics issues as CCP labor moves up the cost curve.