Watchman: China’s Stock Market Is in Free Fall

By SRH, After a challenging couple of years for the Chinese economy, the country’s stock market appears to be in free fall, with officials urging institutional investors not to sell assets in an effort to keep share prices stable as foreigners withdraw. Chinese equities slumped on Monday as the central bank decided to hold its medium-term policy rate at 2.5 percent instead of cutting it as expected. The country’s CSI 300 plummeted to its lowest level since 2019, shattering the previous record established in October 2023. Today’s index was up 0.006% from Monday, but it was down 25.64% from a year ago. Global markets, on the other hand, have climbed in the last year, with the S&P 500 expected to gain 24 percent in 2023 to a record high. While the CSI 300 has progressively declined over the last year,…

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It’s Dangerous in China, All Hell Is About to Break Loose—Stock Market Mayhem—Chinese Stocks are Crashing

HNewsWire:With war raging across the world’s bread basket, risk of World War 3 the highest it has been since the Cuban missile crisis, commodities hitting new all time highs every single day, inflation (even the watered down CPI version) set to hit 10% in a few months, and the Fed rushing to hike rates so high it slams the US into a pre-scripted recession (as it somehow hopes to make a “soft landing” even as fed funds futures signal a hard landing and at least 50 bps of rate cuts after the burst of hiking is over later this year), it is easy to forget that China is still around. So here is a vivid remind that not only has nothing been fixed in the country that single-handedly pulled the world out of depression during the GFC, but that things…

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