Juggling Dynamite

China’s economy is slowing more than people think and the outlook is for weaker growth going forward as the government is unlikely to step in with significant stimulus, according to Leland Miller, chief executive officer of China Beige Book.

“The third quarter was particularly brutal” for China’s economy, Miller said Friday on Bloomberg Television in Singapore. In addition, “we’re going to be looking at much lower growth going forward and it’s going to be because the Party is OK with that.”  Here is a direct video link.

The best investment we can make is in our health and the greatest determinant of our health is what we put into our bodies.  Happy Friday!!

Nutritionist & podcast host Simon Hill joins Rich to bust diet myths & prove why a plant-based diet is optimal for human and planetary health. To peruse the evidentiary support provided by Simon to back his claims, click the ‘References’ tab near the bottom of the show notes page here👉🏾https://bit.ly/richroll638.  Here is a direct video link.

Sober, historically informed observations are always worth a listen.

This week’s Alpha Trader podcast features hosts Aaron Task and Stephen Alpher speaking with Dr. Lacy Hunt, executive vice president of Hoisington Capital Management.  Here is a direct audio link.

As for yesterday’s hot retail sales report (for October), Hunt believes a lot of folks – reading stories about the possibility of bare shelves come Christmas-time – pulled their buying forward. More interesting to him is last week’s plunge in consumer sentiment, with the sub-index of durable goods purchase expectations falling to one of its lowest reads ever. It suggests to him a serious lack of confidence in the economy. He also takes note of the poor approval numbers for the current administration – prints one would never see were there not major economic concerns.   See Still bullish on the long bond