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Saft Says: The summer blockbuster will be China and the Fed

Thursday, April 18, 2013 - 02:16

Apr 18 - Reuters Columnist James Saft says China looks like it's slowing which is bad not only for equities but also for the Fed.

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What are columnist James. And some pretty big moves on financial markets. And -- precipitous fall the most attention. -- -- -- -- -- It's fund watchful. But it's true believers are so predictably. In raged winning. It's looking everywhere conspiracy theories and just not really wanting to accept any reality in which doesn't give them. Okay all going down isn't telling us that trust is being restored in the global financial system. More than gold and I told us at all. The real action here reopened to pay attention to you is the fact that other commodities copper. Loyal. Are also going answer our treasury. This is probably about chime. In China. Is not looking super. GDP disappointed earlier this week industrial production is lower than people expected and if you look at. Power generation in just a little bit more than 2%. And 90% of their power is used by industry. And you look at it are lower growth and shown by the official figures. The short answer here. Each child looks like it slow. Anything any case the price of a lot of things are going to. McCain is demanding days. Just gonna be bad for it's it's what the Federal Reserve and tricky spot. -- edible and -- and declare victory and start to go home later this year tapering bond purchase. But it really is close. In looking at a typical summer to put pressure on the -- to actually do more. Will not be a popular decision within the veterans are where it can cause dissension in Maine well ops more it's. This I think he's really gonna beat this story over this arm. What happens in China in how the Fed reacts.

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Saft Says: The summer blockbuster will be China and the Fed

Thursday, April 18, 2013 - 02:16