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:
KLA (NASDAQ:KLAC) Issues Q3 2024 Earnings Guidance
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KLA (NASDAQ:KLAC – Get Free Report) issued an update on its third quarter
2024 earnings guidance on Monday morning. The company provided EPS guidance
of 4....
15 minutes ago