Since China is the first to get out of Covid-19, and American still seeing second big wave of new cases. China gives us a good indicator where our global economy going forward.

Just as Buffet said it many times over, WHEN PEOPLE IN GREED, I'M IN FEAR. 

GREEDY LOSERS IN HWGB GOING TO GET BANKRUPTCY REAL SOON!

https://www.zerohedge.com/markets/whataver-chinas-doing-isnt-working-cpi-ppi-miss-tumble-multi-year-lows

Whatever China is doing to stimulate its economy, it isn't working.

For the second month in a row China's CPI and PPI missed badly, with CPI sliding from 3.3% Y/Y yo just 2.4%, below the expected 2.7%, and the lowest since March of 2019. PPI meanwhile slumped from -3.3% to -3.7%, the lowest gate inflation since early 2016, and a testament to just how much pricing power Chinese companies are losing.