Chinese investors in bullish mood, US jaded
Kia ora,
Welcome to Tuesday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.
I'm David Chaston and this is the international edition from Interest.co.nz.
And today we lead with news that while much of the northern hemisphere is enjoying the last of their summer holidays, Chinese investors have returned in a bullish mood, and in contrast to the now-jaded US equity markets.
But first in the US, consumer credit bureau VantageScore is reporting that consumers with the best credit scores (superprime) are showing meaningful signs of credit stress…
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