CHART: S&P 500 vs. PBOC 1-year lending rate
7 June, 2012, 20:04. Posted by Zarathustra
At the time when the PBOC started cutting interest rates in the previous cycle, stock market still had a long way to FALL.
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About Zarathustra
Zarathustra: Founder and Managing Editor of Also sprach Analyst. Once an analyst, now an investor and entrepreneur. Based in Hong Kong, but Londoner at heart.