Monday, January 18, 2016

Q4 GDP in Line

China’s official government read of fourth quarter GDP was up 6.8 percent from the year before. The full-year GDP growth was 6.9 percent, the first time in 25 years that GDP growth has been below 7 percent. The report was in line with expectations and official policy, but it was not enough to spark a stock market rally. Stocks were narrowly mixed in the first two hours of trading, a sign at least that volatility might be less after the report met expectations.

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