The Closing Look

Stocks fell on Tuesday alongside other so-called risk assets after China announced disappointing trade data. China’s decline in exports deepened in February which strengthened the case that more stimulus may be needed. Chinese exports fell -25.4% year over year which illustrates how weak global demand is. This was the largest decline since May 2009. Chinese imports also plunged illustrating weak domestic demand.

Gary’s Thoughts: #@#&%#@