Did you know that China’s central bank has had to cut interest rates multiple times in the past year to spur spending?

Monetary policy is a powerful tool, but repeated intervention can signal deeper structural problems in an economy.

In today’s edition of our newsletter, we’ll look at these three topics::

• China’s Stimulus May Help In The Short-term But It Isn’t Nearly Enough: First, China’s largest post-Covid stimulus measures may not be enough to restore its economy ❌

• Nvidia CEO Jensen Huang Sold $713 Million Of Stock—He’s Done, For Now: Next, we’ll look at Jensen Huang’s recent move to sell $713 million in Nvidia stock 💸

• Trump-Harris Betting Markets Are Nearing $1 Billion In Bets—They Could Be Shut Down Soon: Finally, legal challenges could soon put a stop to the U.S. political betting market 💵

Stay informed on these trends as they impact markets and global economies. Have a lovely weekend!

China’s Stimulus May Help In The Short-Term But It Isn’t Nearly Enough ❌

China delivered its biggest batch of stimulus since Covid-19, offering a jolt that could steady its economy enough that its troubles don’t roil the rest of the world but still isn’t enough to turn around battered consumer and business confidence.

The spate of stimulus measures, described as a shotgun approach rather than the bazooka the market has been waiting for more than a year, comes as China’s economy has been mired in a painful property bust, growth is sputtering, and deflationary pressures are mounting.

The moves, with policymakers vowing more, gave markets a boost 📈

Investors reasoned that Beijing wasn’t going to sit on its hands as the economy veered into what analysts see as recession territory.

The Ishares MCHI China exchange-traded fund was up 6.2%, but it’s down 44% since its most recent record high in March 2021.

Aside from interest rate cuts, the most notable initiative was a plan to reduce the rate on existing mortgages by half a percentage point.

While details weren’t announced, this would be the biggest help to consumers, who have hunkered down amid job losses and continued pain in the property market, which holds the bulk of their wealth.

The hope is that households will spend the extra money, rather than sock it away in savings 💴

But the fact remains, totalitarian economies run into trouble sooner or later, and history shows the only way out of that trap is a new political system.

Nvidia CEO Jensen Huang Sold $713 Million Of Stock—He’s Done, For Now 💸

CEO Jensen Huang just wrapped up the sale of six million shares of the chip maker, completing a trading plan he adopted earlier in the year—and grossing more than $700 million.

Huang is the largest individual owner of Nvidia stock, owning a 3.8% stake as of the end of March, before his 2024 stock sales.

When Huang sells stock, it is in no way a reflection of his views on the company.

It's simply an intelligent decision to make sure not that his wealth is not overly concentrated in one company 🧠

💰 Your New Income Generator 💰

Get an exclusive sneak peek into this secret income generator - Right In Your Pocket

1. Blow Away The Competition: Use this little-known stock market loophole to make $500-$1,000 DAILY.

2. Streamlined Trading System: This 5-step system is so easy to learn that anyone from college dropouts to 80-year-old grandmas can get started with it.

3. No Experience Or Equipment Needed: All you need is your phone or laptop, an internet connection, and 1-2 hours a day, and you’ll be ready to get going.

If you’d like to know more, sign up now for a free training that shows you exactly how you can get started.

Trump-Harris Betting Markets Are Nearing $1 Billion In Bets—They Could Be Shut Down Soon 💵

The 2024 U.S. election could be a new high water mark for political betting markets—or the beginning of the end for the prediction exchanges.

The future of the online platforms appears to rest in the hands of an appellate court, which is poised to decide whether the Kalshi betting exchange can begin taking wagers amid legal and regulatory challenges by the Commodity Futures Trading Commission.

A growing cohort of online bookmaking ventures allows gamblers to place cash bets on political outcomes, such as who will be the next U.S. president.

Backers say they tap the wisdom of wagering crowds to forecast political winners and losers faster and more transparently than pollsters could ever hope.

Opponents fear they create openings and incentives for political manipulation that threaten the integrity of elections.

The debate is playing out as the Washington, D.C., Court of Appeals weighs the legal merits of the marketplaces 🤔

Inner Circle Global Macro Update 🔍

If you wish to gain access to our Inner Circle Global Macro Update, packed with exclusive insights from award-winning portfolio manager and economist Seth Antiles, with secrets that’ll give you an edge in the stock market, be sure to upgrade by clicking the button below 👇️