Thursday, June 18, 2015

Is the Chinese Stock Market A Bubble That's Ready To Pop?

When it comes to stock markets, China's sure marches to the beat of its own drum.
The Shanghai Composite gained 145% in the past year, compared to about 7% for the S&P 500. Now, though, things may be unraveling in China -- and given what happened there just a few years ago, it is not likely to be pretty.
In the chart above, we can see the recent nearly vertical rise in the Chinese market after a slow, multiyear drift lower. (more)

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