China’s economy is booming while US investors float in a bubble

Whether we can blame Donald Trump, or deceived investors, or lazy analysts, or the extensive convergence of economic powers – or all these factors – we can accuse a real -time historical economic change. And under the noses of the investors, where the US economy distracts the attention, is more and more swimming in irrational emotion rather than difficult data.

Apparently, Trump’s chaotic attack against global trade with years of efforts to restrict him for years is gaining the economic and financial war of the will with the United States. Despite the open symptoms of weak domestic demand, slip real estate prices and deflation expectations, the Chinese economy has grown 5.2% annually Within three months until June. This was slightly slower than 5.4% for the March quarter and the quarter growth fell 1.1% from 1.2%.

However, all measures are significantly stronger than America, which has been negative in March quarter. Indeed, the US economy Currently in stagnation.

For China, the great driving force was an increase in the exports of Chinese companies, which were large and small, and tried to defeat Mad King’s imposition of irregular tariffs – Elon Musk’s flagship received some help from the systematic destruction of Western electric vehicle manufacturer Tesla.

China’s economic power helps to explain why the MSCI developing Markets Index, which monitors shares in 24 countries, increased by 15.3% this year and performing better than the Wall Street’s S&P 500 and the MSCI World Index-7% and 9.5% respectively.

In bonds, JPMorgan’s developing markets are a similar story by defeating developed markets with a wide difference, increasing the developing markets by increasing 11%. FTSE World State Bond Index and Advanced Markets Index is delayed by approximately 7% earnings until June 30 for six months.

Trump’s “Great, Beautiful Invoice ve and the continuous threats to neuter the independence of the US federal reserves and the independence of the US federal reserves have led global investors from the US bonds in recent months, and even the purchases of joint banks, including Japan, Europe and even AAA (unlike the USA).

Richard is the first half of the US Dollar since Nixon (if we have a criminal presidency, can we get a difficult dick back?) In 1973, he removed America from the Golden Standard. He saw the decrease of 10%of the first six months of Trump’s second period.

Mondays June Trade Data He underlined how ineffective the trade attack of Trump from China to China; 35% increased compared to the previous year, a record trading surplus of $ 586 billion. Most of them were directed by exporters who wanted to defeat Trump’s tariffs. However, pay attention to the types of goods from China: Silicone chips exports remained more than a quarter; Ships approximately 12%; Cars increased by more than 27%.

It describes the big growth of car exports from China, because it is increasingly just the Chinese story. While Tesla and some other Western manufacturers can produce cars in China for export, they are electric vehicles of China, including Western markets, including Western consumers, including Western consumers.

You cannot ask for a more perfect market show of economic shift from an angry, angry empire to a new global power.

And Chinese technology stocks, which constitute approximately one -third of the MSCI developing Markets Index, increased strongly in the last month. Only the stocks in Alibaba increased by 68% per month, in which the XI regime does not see it as a threat to lock or suppress technology billionaires, rather as allies in the economic war with the United States.

Most of them make the sunny optimism of American investors based on NVIDIA’s reflective glow into the first $ 4 trillion global company (Apple, the first $ 1 trillion company, then the first 2 trillion company, then the first 3 trillion companies). So Wall Street reached new summits on Monday, but a high -floating swim on a balloon based on a handful of companies in AI, and a group of investors who bet on Mad King will continue to enrich them all.

Meanwhile, the economic and financial power continues to inevitably flow to Beijing and Shanghai.