IIFT Daily Note with Peter Brown

Daily Note – China Syndrome

Posted by:  |  Time: 11:18 am  |  Topic:
Trading Is At Your Own Risk - Read Our Terms & Conditions

Daily Note – China Syndrome

Man watches a board showing the graphs of stock prices at a brokerage office in BeijingSummary

  • China burning?
  • Greece getting worse, Germans playing hardball
  • Is Greece simply a small Spain?
  • United States: Solid Fundamentals

Good morning from London,

Grey, overcast and sweaty here – a bit like the outlook for Chinese investors. As we told you a few weeks back we cut our Chinese exposure dramatically having done very well over the past eighteen months. We should have sold everything but we sold most, as I indicated last month that it had all the signs of a Minsky Moment ahead. This has now come to pass.

As to how they fix it, I am not too sure. One thing we know is that intervening to stop a market fall makes a market fall! The fact that the shares of so many companies have been suspended makes me think that the rout is just beginning.

Download a FULL PDF version of the Daily Note:

GlobalMacro360 Daliy Note 8th of July 2015


The statements, opinions and analyses presented in the articles, newsletters, and other materials appearing on this website are provided as general information and for educational purposes. Opinions, estimates and probabilities expressed herein constitute the judgment of the author as of the date indicated and are subject to change without notice. Nothing contained in this website is intended to be, nor shall it be construed as, investment advice, nor is it to be relied upon in making any investment or other decision. Prior to making any investment decision, you are advised to consult with your broker, investment advisor or other appropriate tax or financial professional to determine the suitability of any investment. David McWilliams shall not be responsible or have any liability for investment decisions based upon, or the results obtained from, the information provided.

Comments are closed.