Part Three in a Series of Thoughts on the Volatility of August
September 18, 2015
China’s large, domestic stock market index, the Shanghai Composite, declined sharply in August at the same time that the U.S. markets corrected downward. It did not take long for stories to appear in financial media associating the U.S. event with China’s. Don’t believe it.
The two countries’ stock markets have followed very different paths the past year. And China has a potentially large source of further growth capacity that it may be only now beginning to unleash. Read more…