Author: http://wealthcreation.club

http://wealthcreation.club—We are educating regular people about how to be able to make more money in a disciplined way

China’s Home-Sales Overhaul Deepens Local Government Funding Crunch

http://wealthcreation.clubLeave a comment

‼️ 🏠 🇨🇳 China’s shift away from preselling homes toward completed-property sales could deepen pressure on already strained local government finances, Goldman Sachs economists warned. The change may further limit cash-starved developers’ ability to purchase land, prompting Goldman to raise its forecast for land-sale revenue declines to 30% from 20%. Local-government land-sale proceeds had already fallen 30.8% year-to-date through July, reaching 1.2 trillion yuan ($179 billion)

BlackRock and JPMorgan Bet on EM Bonds as Policy Room Fuels Outperformance

http://wealthcreation.clubLeave a comment

‼️ BlackRock and JPMorgan are increasing allocations to emerging-market bonds as local-currency EM debt has returned over 3% this year, outperforming US Treasuries and European peers which are down 0.6%.  With inflation in developing economies averaging just 3.8%—roughly one-third of 2022 shock levels—EM central banks now have about 1 percentage point more policy cushion to absorb price pressures, enabling recent rate cuts in Brazil, Turkey and Hungary.  BlackRock is also positioning in bonds where it expects central banks to hold rates steady, betting on policy divergence and relative stability as key drivers of outperformance.

Treasury Unveils 2–5× Bond Buyback as Markets Brace for Friday’s Inflation Showdown

http://wealthcreation.clubLeave a comment
‼️ On Wednesday, the Treasury is scheduled to announce details of a bond buyback to be conducted the next day, under an expanded plan for at least double the original maximum amount — with multiples of three to five considered possible. Then Friday brings fresh data on inflation, which Warsh and his colleagues have suggested will be crucial in determining whether the Fed hikes interest rates later this month

Iran Warns US: “Rules of the Game Have Changed” — Faster, Heavier Retaliation Ahead

http://wealthcreation.clubLeave a comment
‼️ 🇮🇷 Mohammad Bagher Ghalibaf, Iran’s parliament speaker and a lead ceasefire negotiator, warned on Sunday that the era of “proportionate responses” is over, telling the US the “rules of the game have changed” and promising “faster, heavier and more painful” retaliation against any aggression toward Iran’s interests and security. The escalation comes as US polls show Americans rating President Trump’s handling of the war poorly, while surging energy prices and political fallout have put Republicans at risk of losing control of Congress in November’s midterms.

China Unleashes $45B Bank Rescue: Biggest Financial Bailout in 20 Years to Revive Slowing Economy

http://wealthcreation.clubLeave a comment
‼️ 🇨🇳 China is injecting 300 billion yuan ($45 billion) into eight of its largest banks and insurers via special sovereign bonds—the country’s biggest financial-sector recapitalization in nearly two decades—to bolster system resilience and sustain credit growth as the economy slows. The move builds on an earlier 500 billion yuan of state capital injections since early 2025, underscoring Beijing’s stepped-up push to stabilize lenders, support lending, and rejuvenate growth in the world’s second-largest economy

No Iran Deal? Washington Signals Other Paths as Tehran Threatens Retaliation

http://wealthcreation.clubLeave a comment
‼️ U.S. Energy Secretary Chris Wright said the Trump administration may never secure a negotiated deal to stop Iran from obtaining a nuclear weapon, signaling it could pursue that objective through other means. Iran’s parliament speaker Mohammad Bagher Ghalibaf responded that any future attack would draw a “faster, heavier and more painful” retaliation.

Asia’s 1997 Echo—But This Time, AI Demand Is the Risk

http://wealthcreation.clubLeave a comment
‼️ HSBC’s chief economist says rising U.S. yields, a weak yen and tech optimism echo the conditions preceding the 1997 Asian financial crisis, though today’s key risk is a slowdown in U.S. AI demand that could hit Asia’s electronics exports. Still, he argues the region is better insulated, with many economies now exporting capital rather than relying heavily on foreign funding.