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CHIR - China: The Patient Is Not Responding - What This Means For Global Growth
Global X Funds MSCI China Real Estate
Changes in various monetary aggregates are often the earliest leading indicator that monetary policy (tightening or easing) is flowing through the economy. This is a concept that we detailed in a note earlier this week.
As central banks ease monetary policy and lower interest rates, within several months, money supply growth often starts to accelerate, fueled by easier conditions, the first sign that economic growth may start to inflect higher. Changes in money supply growth can often lead inflections in more commonly