Wednesday, July 8, 2015

The Chinese Stampede (Musical Tribute)

July 8, 2015
China stock market freezing up as sell-off gathers pace

"It's a stampede. And the problem of the market is that all the players move in the same direction, and are too emotional."

5 comments:

fudge_hend said...

Which has a better return year to date. The Chinese market or the US market?

Stagflationary Mark said...

fudge_hend,

Since it is close and the trends are changing wildly, I may need to date and timestamp my answer! ;)

Who Struck John said...

Didn't want to see a 1929 event in my lifetime, but that's exactly what the Chinese markets look like.

Stagflationary Mark said...

Who Struck John,

It could be even worse than 1929! China could easily blunder theur fumbled recovery!

Roy Riegels

His wrong-way run in the 1929 Rose Bowl is often cited as the worst blunder in the history of college football.

Stagflationary Mark said...

*their