Sunday , May 11 2025
Home / Mike Norman Economics / How weak US jobs data could hurt emerging markets, but boost China’s exports — Wang Bozun

How weak US jobs data could hurt emerging markets, but boost China’s exports — Wang Bozun

Summary:
A bit of a mishmash economically but it mentions MMT anyway. The major point of the article is that a lot of the fiscal relief that the US federal government is into the economy is likely to flow to Chinese exporters in that they already have a significant share of the US market and now the pandemic has resulted in economic contraction that is not yet moving very swiftly toward recovering. Global Times (Chinese state-sponsored media) How weak US jobs data could hurt emerging markets, but boost China's exports

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Robert Vienneau writes Austrian Capital Theory And Triple-Switching In The Corn-Tractor Model

Mike Norman writes The Accursed Tariffs — NeilW

Mike Norman writes IRS has agreed to share migrants’ tax information with ICE

Mike Norman writes Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius

A bit of a mishmash economically but it mentions MMT anyway. 

The major point of the article is that a lot of the fiscal relief that the US federal government is into the economy is likely to flow to Chinese exporters in that they already have a significant share of the US market and now the pandemic has resulted in economic contraction that is not yet moving very swiftly toward recovering. 

Global Times (Chinese state-sponsored media)
How weak US jobs data could hurt emerging markets, but boost China's exports
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *