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China quashes hopes of re-opening as health officials announce they will stick ‘unswervingly’ to zero-Covid policy : stocks

by Index Investing News
November 5, 2022
in Stocks
Reading Time: 1 min read
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https://www.theguardian.com/world/2022/nov/05/chinas-unswerving-zero-covid-rules-see-no-let-up

This could actually be a good thing for us. Commodities took a rip on Friday, apparently based on the speculation of China coming back online. We don’t need commodities to be ripping given the inflation situation. Additionally, several of the talking heads on bloomberg have been saying the ‘supply chain issues’ are largely smoothed out now, even with China in lockdown.

If they want to flush their economy down the shitter, let them get on with it I guess.



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Tags: announceChinahealthhopesOfficialsPolicyquashesReopeningStickStocksunswervinglyzeroCovid
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