![]() ![]() I write this not to boast but to reiterate the point made in the February Digest. The premise for the Digest was that we were at a risk-reward entry point. Six weeks ago, we wrote about the opportunity in China stocks. High ranking officials from Beijing are in Washington this week to continue trade agreement talks. The Dow rallied more than 329 points and the S&P advanced more than 32 points for the day on this news, plus continued optimism for a U.S.-China trade deal to be completed soon. ![]() This news, the first positive economic growth news out of China in several months, was widely interpreted to mean that country’s economic stimulus efforts are working. ![]() In this index, the number 50 separates growth from contraction so this was a positive sign for markets worldwide. The Chinese Manufacturing PMI for March came in at 50.5, rebounding after registering a 49.2 number last month. stocks jumped yesterday after China reported positive manufacturing data. ![]() Today, let’s talk about one such decision that deserves your consideration.Īnd, I’m going to give you a stock pick that’s set up perfectly to illustrate this proven principle for growing wealth. ![]()
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