Thursday, September 13, 2018

US-CN 'trade war' 3, stockmarkets divergence

The China Communist Party (CCP)-led stockmarkets continue to be the worst-performing in the world for several months now. As of September 12 closing, Shenzhen is -26% ytd, Shanghai is -20% ytd. Data from

In contrast, the US stock markets continue to experience double-digit growth in the past 52 weeks. See for instance DJIA and Nasdaq composite.

Protectionist Xi Jinping and the CCP feel the pain but they are not showing or admitting it publicly.

See also: 
US-CN 'trade war' pummels CN the protectionist, August 3, 2018 
US-CN 'trade war' 2: DJIA vs Shanghai stockmarkets, August 19, 2018

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