Bright spots in China. Yields: to infinity and beyond? . Cash is king. A new record that no one wants. Of Money and Man W9/2023

EQUITY HEAT MAP W9/2023 MARKET RECAP Asian markets rose while ASEAN markets mostly corrected. Gains in the Asian markets were led by China/ Hong Kong (+3 to 4%), reversing the downward trend that started after Chinese new year. Investors may want to pay attention to the bright spots in China. US and Europe major indices had mostly done well for the week with gains of around 2%. Bright Spots in China. Two Sessions A key measure of Chinese growth marked its fastest expansion in more than a decade in February, with the official manufacturing purchasing managers index (PMI) rising to…...