Want to create an interactive transcript for this episode?
Podcast: Market Depth
Episode: Are Equity Markets Starting To Price In China Risk?
Description: Following last week's series of rate cuts that were met with tepid market response, China delivers another -10 basis point rate cut to its 1-year and 5-year Loan Prime Rates before market open today in-line with its recent measures - only this time, markets pulled sharply back. Is this the start of a new market paradigm? Weston Nakamura scrutinizes market price action out of China today in search of the answer. Weston also observes what broader major equity indices' recent price behavior looks like absent U.S. market participants upon a U.S. market holiday, and tests...