Archive | Equity Markets

China markets get obliterated. This is why you need to pay attention.

It’s been an ugly week for Chinese equities, but today’s performance is a whole other level of ugly: Today marked the fourth largest decline of the Shanghai Composite in two decades. We’ve discussed the insane valuations on the Shanghai and Shenzen stock-exchange before. As our regular readers will know, today’s fireworks have been a long time in […]

Continue Reading 4

China’s equity bubble is going supernova

A supernova is a stellar explosion that is so bright it momentarily outshines the entire galaxy. The most massive supernovae are caused by stars which collapse under their own gravity, sending massive shockwaves radiating outwards into space.   Any onlooker happening to see a supernova might be forgiven for thinking that these super-bright objects are the most awesome stars in the sky […]

Continue Reading 4