(1) Spock and China’s future. (2) “China will get old before it gets rich.” (3) The downside of China’s demographic dividend. (4) Chinese speculating in stocks rather than real estate. (5) Q1 real GDP up just 5.3% (saar). (6) Big declines in exports, imports, and railways freight traffic. (7) Plenty of credit, and lots of deflation. (8) More easing coming. (9) Premier is alarmed. (10) US consumer getting squeezed. (11) Focus on market-weight-rated S&P 500 IT.
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