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Insights

💫 Must know the news on Wall Street: 1.2 Trillion For The U.S | China Expansion

❓️ Using Stocks to Prepare for Your Future | Education

💰️ Top Trades from last week’s Discord Alerts | P&L

📈 Stock Market Weekly Roadmap & Trade Ideas | Top China Stocks , Investing Ideas | Expectations for the week

News Explained

Biden signs $1.2 trillion spending package

The news of President Joe Biden signing Congress' $1.2 trillion spending package, thereby avoiding a government shutdown and funding the government until Oct. 1, might seem good on the surface. Still, at its core, it could raise concerns.

The good:

1. Avoidance of Government Shutdown: The signing of the $1.2 trillion spending package prevents a government shutdown, ensuring continuity in essential services and programs.

2. Investment in American People: The budget allocates funds for various sectors like defense, financial services, and health and human services, potentially improving infrastructure, healthcare, and social welfare.

3. Economic Stimulus: By funding government agencies and programs, the budget can stimulate economic activity, creating jobs and supporting businesses that contract with the government.

4. National Security Strengthening: Allocation of funds to defense and homeland security enhances national security measures, ensuring the safety of citizens and the nation's interests.

The bad:

1. Compromise: President Biden mentioned that the budget represents a compromise, indicating that neither side got everything they wanted. For some Americans, compromises may mean that key priorities or initiatives they support were not fully funded or addressed.

2. Budgetary Concerns: Some Americans might be concerned about the $1.2 trillion spending package's sheer size. They might worry about the long-term implications of such high levels of government spending, including potential inflation or increased national debt.

China’s Expansion - Bullish on China?

Yes, this news could be considered bullish for China stocks for several reasons:

1. Positive Economic Indicator: The expansion of China's manufacturing activity for the first time in six months indicates potential economic recovery and growth. This could boost investor confidence in the Chinese economy, leading to increased investment in Chinese stocks.

2. Relief for Policymakers: The uptick in manufacturing activity offers relief to policymakers, suggesting that measures to support economic growth may be effective. This could lead to supportive policies or stimulus measures that could benefit various sectors, including stocks.

3. Market Expectations Surpassed: The official purchasing managers' index (PMI) surpassing market expectations, as indicated by the Reuters poll, signals stronger-than-anticipated economic performance. This could lead investors to revise their outlook positively for Chinese stocks.

4. Growth Potential: With manufacturing activity expanding and surpassing the contraction threshold, there may be increased demand for goods and services, potentially benefiting companies across various industries, which could reflect positively on stock prices.

5 China stocks that could double as a 5-10-year investment.

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Education

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