[sgbuffett]

Anyone took this short with sgbuffett?

Congrats to all who yoo k yhe short trade

A50 is unable to stay above 13K whuch is now a.syrong resistance. Protraders shorted when 13K was broken.

Going ahead any China govt announcment will just underwhelm the market and cause more selldowns.

They lost the trust of many foreign imvestors and FDI is now at multi decades low. Yuan is at weakest level in momths.
There is zero confidence that China govt can revive the economy after so many missteps.

The stimulus in the trillions can only maintain growth at the level of 5% without which the econkmy will falter. For a developing low income country 5% growth will mean high unemployment.