Banks Making Deep Cuts Plus OPEC Was Right About China
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The Chinese reported renewed declines in their imports, including a big one in crude oil. When OPEC announced production cuts, they could see China wasn't living up to reopening hype and the latest data absolutely confirms it (while driving a stake in the narrative). Not only are steelmakers there urging production cuts, too, US bank credit is about to become lights out if only to make things even worse.
Video Length: 00:17:33
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Disclosure: This material has been distributed for informational purposes only. It is the opinion of the author and should not be considered as investment advice or a recommendation of any ...
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