• China's economy is in a 'Groundhog Day'

    2 days ago - By Business Insider

    I've never actually seen Groundhog Day - the 1993 film about a Pittsburgh TV weatherman who finds himself trapped reliving the same day over and over again - but Bill Murray is a legend, and if you have to opportunity use him to explain what's going on in the global economy, then you should.
    So I will.
    China's economy has been stuck in its own Groundhog Day since 2015, and August's weak economic data showed that we're likely to continue the loop into 2018.
    Here's what the loop looks like.
    In the beginning of the year, reeling from a year-end Federal Reserve rate hike, the Chinese economy...
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