S&P:
Unprecedented defaults among China's property developers are
depressing home sales and straining local government finance
vehicles |
00:01 - 16/03/22 |
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The MSCI China Index total return (ignoring any fees, taxes,
etc…) since its 12/31/92 inception is approaching a 0%
nominal cumulative return |
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While concerns about recession are rising among market
participants, European corporate earnings are unlikely to
contract unless GDP growth falls below 1%, according to
JPMorgan strategists |
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Only a year ago Chinese stocks in the U.S. were enjoying an
unprecedented boom. Now they’re mired in a 72% plunge that’s
near to matching losses during the 2008 financial crisis |
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Americans could be cutting steaks and burgers from their
diets as inflation soars, if beef-packer profit margins are
any indication |
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