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:
IAMGOLD Co. (NYSE:IAG) Receives $3.55 Consensus Target Price from Analysts
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Shares of IAMGOLD Co. (NYSE:IAG – Get Free Report) (TSE:IMG) have received
an average rating of “Hold” from the seven analysts that are covering the
stock,...
5 minutes ago