China rate cut strengthen theory of rooms to tackle global slowdown

Worry about Europe and other parts of the world may back into recession as there are no rooms to spur growth anymore due to loosening policies across years. However, as if No 1 world market US is on its track to grow. At least it can restarts its bond purchases. Japan continuous loosening policy. Now, China rate cut that can spur the world 2nd and 3rd economy of the world. We believe the market will maintain its upward trend for now.