‘The Disconnect Between Fear And Reality Seems High’: Goldman Weighs In On China Stock Slump
On Monday, there was more selling in Chinese equities following a weekend during which Donald Trump continued to pound the table on the purported economic benefits of his increasingly aggressive protectionist trade policies. The beleaguered Shanghai Composite (which Trump appeared to reference in a Saturday tweet and then again later that evening at a campaign rally in Ohio), fell to its lowest levels since February 2016.
Friday seemingly marked the beginning of a new phase in terms of how Ch
It’s a good thing that we have trump to kick around, since the geo-political analysis of the market hasn’t done squat for us.