Macro Nugget: China is booming!

Written by Oskar Vårdal

First our nowcast indicator for China blinked green, then we saw increased commodity buying on the back of the 5% GDP Target announcement, and now the Li Keqiang Index has posted it's biggest monthly increase since 2005!

Looks like the cyclical rotation is on for good

Chart 1: Li Keqianq is signaling further momentum in China

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