To be sure, I do think the real surplus (i.e. the surplus using China's pre-2022 methodology and with a reasonable estimate for the missing investment income payments) is between $900b and $1.1 trillion (4.5 to 5.5% of GDP) 4/ https://t.co/rt1LSV2Ldr
Original source ↗  |  February 13, 2026 at 20:55 UTC  |  Twitter - @brad_setser

IDEA 1 TICKER: GDS, KC DIRECTION: Long THESIS: BofA Securities prefers these stocks due to strong AI demand and price hikes, indicating a positive outlook. SPEAKER: @briantycangco TIMEFRAME: Medium-term

IDEA 8 TICKER: BABA DIRECTION: Avoid THESIS: US tech aiding military could escalate US-China tensions, negatively impacting Chinese tech stocks like Alibaba due to geopolitical risk. SPEAKER: @briantycangco TIMEFRAME: Medium-term

IDEA 10 TICKER: BABA, BIDU, NIO, BYDDF DIRECTION: Avoid THESIS: Pentagon's actions (likely related to the list of firms aiding the

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