The chart of the week is courtesy Bloomberg and shows the maniacal credit boom in china. The credit to GDP ratio in China has breached historical levels and has entered into dangerous territory eclipsing levels seen before recent busts in 2008 and 2015. Another hard landing looks certain:
Zurcher Kantonalbank Zurich Cantonalbank Has $17.58 Million Holdings in
CrowdStrike Holdings, Inc. (NASDAQ:CRWD)
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Zurcher Kantonalbank Zurich Cantonalbank cut its stake in CrowdStrike
Holdings, Inc. (NASDAQ:CRWD – Free Report) by 5.7% in the fourth quarter,
Holdings Ch...
7 minutes ago