Stir-Frying Stocks: Characterizing the Chinese Stock Market

By |2016-11-17T16:13:12+00:00July 30th, 2015|Categories: Contested Spaces|Tags: , , , |

The tepid response of the Shanghai stock market to the Chinese Communist Party (CCP) stimulus efforts has some American market commentators wondering out loud if this is China’s “1929”. Articles on the average investor’s unknown exposure (and destruction of US dollar wealth) to China abound. The daily charts are nasty, indeed, and on some days the negativity spread to other Asian stock markets. Despite recent drops, still up 17% for the year. But comments in [...]