The attention of global investors is squarely on China these days, and a growing number of data point are showing that coming growth in China may not be nearly as strong as previously predicted. In a new report, Barclays analyst Michael Gapen looks at just how contagious China’s economic sickness could be for the rest of the world.

The Illness

China’s August trade data shows that both Chinese imports and exports contracted further in the month of August, with imports dropping 13.8 percent year-over-year. The weakness led Barclays to cut its 2015 overall import growth projection for China from -6.7 percent to -10.3 percent. Barclays is calling for a benchmark rate cut of 0.25 percent from China before the end of the year and predicts two more 0.5 percent RRR cuts in Q4, as well.

Market Contagion

Unfortunately, Barclays believes…

Click here to continue reading

Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!