Markets Surge On Chinese Debt Flood; Worst European PMI In Over A Year; Crashing Pound

Monday, February 22, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
02/22/2016

Propped up by the Chinese central bank and by a generous Chinese finance ministry, with further hopes a backsliding European economy will mean even more easing by Draghi, the risk on mood is back: “People are willing to take risk again,” Karl Goody, a private wealth manager at Shaw and Partners Ltd. in Sydney told Bloomberg. “People are looking at the selloff this year and saying: enough is enough, there’s been enough pain now.”

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