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Olduvai III: Catacylsm
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Is China Trying To (Slowly) Burst Another Stock Market Bubble?

Is China Trying To (Slowly) Burst Another Stock Market Bubble? The pressure point in Asian stock markets this week has been the decline in Chinese equities (the biggest weekly drop in 4 months). Despite a stellar performance of the economy the outlook for the Shanghai Composite Index isn’t promising as the government is taking advantage […]

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Guess What Happened The Last Time The Chinese Stock Market Crashed Like This?

Guess What Happened The Last Time The Chinese Stock Market Crashed Like This? The second largest stock market in the entire world is collapsing right in front of our eyes.  Since hitting a peak in June, the most important Chinese stock market index has plummeted by well over 20 percent, and more than 3 trillion […]

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China Warns Against Irrational Exuberance

China Warns Against Irrational Exuberance Yesterday, we pointed out that in US dollar terms, Chinese stocks are a real standout among the world’s equity markets, having nearly doubled in less than a year. The catalyst? Liquidity, driven by a number of factors including, as UBS notes, expectations of further policy easing, QE-lite, bank bridge loans, and of course, […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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