Latest posts by Livio Nespoli (see all)
- Sell In May & Go Away? Dow Jones - May 4, 2018
- Is Your Best Bet For Trading the S&P 500 Monthly, Weekly, or Daily Trading? - March 23, 2018
- Blockchain, Crypto, And Your Home. . . Sweet Home - March 22, 2018
While all Western eyes remain firmly focused on Greece, a potentially much more significant financial crisis is developing on the other side of world. In some quarters, it’s already being called China’s 1929 – the year of the most infamous stock market crash in history and the start of the economic catastrophe of the Great Depression.
In any normal summer, a 30pc fall in the Chinese stock market – a loss of value roughly equivalent to the UK’s entire economic output last year – after an ascent which had seen share prices more than double within the space of a year would have been front page news across the globe.
Wasn’t it only a year ago that China was going to take over the world?