China’s reopening may be like most other countries’ reopening experiences, with economic growth accelerating (especially consumer spending) and inflation picking up. It could lead to a surge in pent up spending of 1.4 billion consumers; the world’s second largest economy could lead to a rebound in global inflation for both commodities and goods. Jeffrey Kleintop discusses U.S. versus international stock performance. He also notes that the shift from the aggressive pace of rate hikes that took place for much of 2022 took place at the start of the fourth quarter and aligned with the shift in market performance from the bear market that unfolded in the first three quarters of the year, giving us a fourth quarter rally. Tune in to find out more about the stock market today.