📈 China's biggest rally in four years

China gets a much needed boost, US climate goals hang by a thread, and a quiet alternative to Rome | [Finimize](   TOGETHER WITH     Hi {NAME}, here's what you need to know for September 25th in 3:15 minutes.   ⏰ You’ve got to know when to hold ‘em. Find out [how – and when – to sell your options]( with our latest how-to guide. [Check out the guide]( Today's big stories - News of financial support brought about China’s biggest stock rally in over four years - Why Buffett’s sitting on so much cash – [Read Now]( - The US green agenda has been circling the drain, and November’s elections could pull it under completely Pump It Up [Pump It Up] What’s going on here? The People’s Bank of China (PBOC) [announced]( plans to puff up the country’s property sector and stock market, leading to China’s biggest stock market rally in four years. What does this mean? China’s flailing property market has been a real drag on the economy. So to help, the PBOC is cutting rates on individual borrowers’ existing mortgages by an average of 0.5 percentage points and lowering the minimum down payment for second homes from 25% to 15%. The central bank is also reducing the amount of money that banks must hold in reserve, a bid to encourage them to hand out more loans. And to top it all off, the PBOC is supporting the stock market with $113 billion to help certain companies buy stocks and others afford share buybacks. That combination of measures is a lot, sure, but it still may not be enough to fix up China’s dilapidated housing market. Why should I care? For markets: Everything comes back into fashion, eventually. Investors have been fleeing China’s stock markets, spooked by the sluggish economy – a problem that’ll only worsen if the country’s prices continue to fall. In fact, expectations are so low that news of the support was enough to lift investors’ spirits and, in turn, the stock market. China’s CSI 300 Index picked up by 4.3% on Tuesday, marking its best day since July 2020 – although it’s still lost about a third of its value from three years ago. The bigger picture: When China sneezes… Well, you know the rest. Australian mining companies have seen their share prices sink with China buying fewer commodities. And European luxury brands and car companies have suffered a similar fate, as Chinese customers have tightened their purse strings. The country’s even pushed oil prices down a few notches: China guzzles up 13% of the world’s supply, so its pullback has left a lot of the slippery stuff on the shelf. You might also like: [Big economy, bigger challenges – how to invest in China now](. Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Pump It Up&utm_campaign=daily-global-25-09-2024&utm_source=email) Analyst Take Why You Might Want To Copy Warren Buffett And Stash The Cash [Why You Might Want To Copy Warren Buffett And Stash The Cash]( Warren Buffett’s Berkshire Hathaway is currently sitting on [$280 billion in cash](. That’s a lot of money that could otherwise be stuffed into a stable corner of the stock market. Remember, holding too much cash can cost you returns elsewhere – but too little can limit you when it’s time to buy. Some argue Berkshire’s pumped-up cash pile indicates that Buffett believes [a market crash]( is looming. Others say it’s a perfectly reasonable figure to keep on hold until [the right buying opportunities]( come up. Either way, it provides a timely nudge for investors to [review how much cash to keep on hand]( – particularly now that interest rate cuts are underway. That’s today’s Insight: [why Buffett’s holding so much cash, and what you need to know if you want to keep a stash aside, too](. [Read or listen to the Insight here]( Make the most of your options, so they don’t get the best of you When the going gets tough, the tough get to grips with [options strategies](. After all, the more volatile markets are, the higher options prices tend to rise. Thing is, these are complex, risky trades – so [you need to know how to pull them off](. Our [latest guide](, made with IG, tells you everything you need to know about selling options as a beginner. (If you’re more advanced, sit tight: they only get more technical from here.) You’ll discover the [different types of options you could sell](, see how the process would play out, and find out how you could make income through “premiums” if your trades are done right. [Check Out The Guide]( Backed-Up Plan [Backed-Up Plan] What’s going on here? The US climate plan has been impacted by delays and political pressure, and the upcoming election could derail it completely. What does this mean? The high cost of living right now means both businesses and regular folk are reluctant to pay extra cash for cleaner power. Not that there’s much to go around, anyway: renewable energy capacity is growing faster than expected, but greedy AI-focused data centers are claiming first dibs on most of it. That’s forcing utility companies to keep burning fossil fuels, while politicians – made more uncomfortable by heat from potential voters than by climate change – are backing out of previous pledges. And that’s already impacting the country: New York state’s bold plan to get 70% of its electricity from renewables by 2030 has been compromised by permit delays and scrapped projects. Why should I care? For markets: Forget about “All for one and one for all”. The world is making progress overall, at least: over 40% of global electricity came from low-carbon sources last year. China has scrubbed up the most, accounting for more than a third of all wind and solar power usage last year and dominating the EV market. But rather than work together, the US is focused on building green infrastructure on American soil. The country made that priority clear by slapping 100% tariffs on Chinese EVs. That said, depending on the outcome of the election, US climate spending pledges could very well end up in the trash. The bigger picture: Time to clean up. The Federal Reserve’s interest rate cut has reignited investors’ interest in clean tech. The industry relies on experimental technology and uncertain demand – and investors weren’t exactly eager to back businesses without proven profit in a high rate environment. But now that US interest rates are on their way back down, making borrowing more affordable, investors might be warming up to riskier clean tech startups. You might also like: [These old-school stocks are still clinging to power](. Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Backed-Up Plan&utm_campaign=daily-global-25-09-2024&utm_source=email) 💬 Quote of the day "Keep your face always towards the sunshine – and shadows will fall behind you." – Walt Whitman (an American poet and essayist) [Tweet this]( 🤝 Tom and Jerry, Woody and Buzz Lightyear, Butch Cassidy and the Sundance Kid. You're a stellar fintech brand looking to get your name out there, and we're a newsletter with [hundreds of thousands of brainy, switched-on readers](. Let's become the next picture-perfect duo: [Talk to the team](. [Get Your Name Out There]( 🎯 On Our Radar 1. 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