China plans to merge 3 bad debt asset managers with its largest sovereign wealth fund, state media reports

Beijing pledged last Monday to strengthen the "inherent stability" of its capital markets and improve market confidence.

source https://www.cnbc.com/2024/01/29/china-plans-to-merge-3-bad-debt-asset-managers-with-its-largest-sovereign-wealth-fund-state-media-reports.html

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Jeffrey Gundlach says all the 'Goldilocks' talk makes him nervous, thinks recession is still likely

DoubleLine Capital CEO Jeffrey Gundlach believes the Federal Reserve poured cold water on hopes for a "Goldilocks" scenario benefiting risk assets. source https://www.cnbc.com/2024/01/31/gundlach-says-goldilocks-talk-makes-him-nervous-sees-likely-recession.html

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China plans to merge 3 bad debt asset managers with its largest sovereign wealth fund, state media reports

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Jeffrey Gundlach says all the 'Goldilocks' talk makes him nervous, thinks recession is still likely