tag:blogger.com,1999:blog-7190363847001030078.post5146573782645952026..comments2024-03-11T18:09:51.461-07:00Comments on Between the Lines: Morning Note: Never that easy...Marty Mazorrahttp://www.blogger.com/profile/08472867992519060059noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7190363847001030078.post-49057137805464475182022-07-11T07:37:43.682-07:002022-07-11T07:37:43.682-07:00Agree! Thanks!Agree! Thanks!Samhttps://www.blogger.com/profile/05314309335677078770noreply@blogger.comtag:blogger.com,1999:blog-7190363847001030078.post-12497902942139323992022-07-11T07:34:31.520-07:002022-07-11T07:34:31.520-07:00Yeah, Sam, in fact those shutdowns have definitely...Yeah, Sam, in fact those shutdowns have definitely been a serious drag on growth already. My contention has been that the political ramifications of these decisions (in the face of how the rest of the world is approaching Covid these days) place high odds of a pivot away from "zero-covid". For now it looks like they're attempting to stem the tide with aggressive fiscal stimulus (and monetary accommodation) -- their markets this morning are clearly signaling that it's not going to work. We'll see...Marty Mazorrahttps://www.blogger.com/profile/08472867992519060059noreply@blogger.comtag:blogger.com,1999:blog-7190363847001030078.post-20801566363136478012022-07-11T07:18:38.933-07:002022-07-11T07:18:38.933-07:00Thanks for this great research article Marty! I ju...Thanks for this great research article Marty! I just want to pick your thoughts on China. Macau is shutdown. Shanghai is undergoing massive testing. Although China has the monetary stimulus, it can only shutdown for so long and so many times before their growth rate is impacted. Samhttps://www.blogger.com/profile/05314309335677078770noreply@blogger.com