Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

IMF says China's economic model is hurting the global economy [Los Angeles Times (CA)]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
“Transitioning to a consumption-led growth model should be the overarching priority,” the IMF's executive directors said in a statement Wednesday released alongside the Washington-based lender's annual review of China's economy, known as an Article IV consultation. In that review, IMF staff highlighted China's large current-account surplus, which has featured “adverse spillovers to trading partners.” Some of that excess stems from exports getting a boost from “real depreciation of the RMB,” the fund said, referring to the inflation-adjusted weakening of the renminbi, also known as the yuan. Some of the IMF's language matched long-standing criticisms of the US — across multiple administrations — and other developed nations. Its spillover warning also echoed a November assessment by Goldman Sachs Group Inc. economists, who said China's expanding export capacity meant a net negative for the rest of the global economy. China's representative on the IMF's executive board, Zhengxin Z Show less Read more
Impact Snapshot
Event Time:
GS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for GS alerts
Opt-in for
GS alerts

from News Quantified
Opt-in for
GS alerts

from News Quantified