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RAYC - Lumbering Economy And The Curves Behind Transitory Inflation
Rayliant Quantamental China Equity ETF
Like a lot of parts of the global economy, housing/wood/material each saw a drop in both supply and demand given last year’s recession.
Once beyond the commodity-induced price effects, it becomes clear the economy is settling back into the same disinflationary circumstances or even more than when this all began.
The entire global industrial sector (including China), which contains, among other things, commodity production, is failing to robustly come back from a very deep bottom.