Excerpt from...

China, HK stocks fall as excitement around RRR cut fades


Meanwhile, the U.S. government on Tuesday strengthened its warnings to businesses about the growing risks of having supply chain and investment links to China’s Xinjiang region, citing forced labour and human rights abuses there. ** “I am watching for any indication that a serious correction is developing,” said Bill Witherell, chief global economist at Cumberland Advisors. “Deteriorating China-US financial relations certainly could trigger one.” ** Lynda Zhou, Shanghai-based fund manager at Fidelity International, said she expected rising volatility in China’s onshore stock market, and also cautioned against the negative impact from an expected U.S. tapering.

Read the full article here: https://www.reuters.com/article/china-stocks-midday/china-hk-stocks-fall-as-excitement-around-rrr-cut-fades-idUKL1N2OQ08C

Links to other websites or electronic media controlled or offered by Third-Parties (non-affiliates of Cumberland Advisors) are provided only as a reference and courtesy to our users. Cumberland Advisors has no control over such websites, does not recommend or endorse any opinions, ideas, products, information, or content of such sites, and makes no warranties as to the accuracy, completeness, reliability or suitability of their content. Cumberland Advisors hereby disclaims liability for any information, materials, products or services posted or offered at any of the Third-Party websites. The Third-Party may have a privacy and/or security policy different from that of Cumberland Advisors. Therefore, please refer to the specific privacy and security policies of the Third-Party when accessing their websites.


Sign up for our FREE Cumberland Market Commentaries


Cumberland Advisors Market Commentaries offer insights and analysis on upcoming, important economic issues that potentially impact global financial markets. Our team shares their thinking on global economic developments, market news and other factors that often influence investment opportunities and strategies.

William H. Witherell, Ph.D.
Published Date
News Source