Economic slowdown Coffee fragrance SBUX will maintain steady growth

Financial news: on Tuesday, china released data showing that the Chinese economy grew by 6.9% in 2015. The good news sent u.s. stocks sharply higher, while Dennis Gartman said after u.s. stocks opened higher, any rebound in u.s. stocks would be short-term.

Gartman believes that the monetary base data measured by the St. Louis Fed, that is, the money supply, is important and has been falling.

That figure has fallen from $4.1 trillion in mid-October to $3.6 trillion two weeks ago, he said in his biweekly publication. Part of the reason for the decline is that the Fed adjusted its portfolio of stocks. But as long as money is dwindling and the economy needs more money, it has to come from somewhere, probably from the stock market.

MiChael Farr, president of Miller &; Washington, an investment advisory firm, says there is still a lot of liquidity in the market.

From the financial world of coffee

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