China's Real Estate Versus E.V. Stocks

China has introduced a raft of property-easing measures in recent months, but more is likely coming this quarter with the flexibility afforded by inflation being negative and debt levels well below other large countries, notes Jeffrey Kleintop. He discusses how China's bond market not seeing property contagion. He talks about China's real estate versus E.V. stocks. He highlights that parts of China's are booming: electric vehicles, solar and wind power, and batteries; in those areas, investment and exports are growing at double-digit rates, exactly the kind of hi-tech, green growth that President Xi wants. He then goes over how the 10-year yield hit highest level since 2007 and major indices lower for August. He previews the Jackson Hole Symposium which begins Thursday with Jerome Powell's speech on Friday. Tune in to find out more about the stock market today.