As is by now widely reported, China stocks have been on something of a tear in the past few weeks, with the CSI300, for example, up by around 20% in that time. The usual suspects have been at work as the PBOC has encouraged a renewed money flood into being and those desperate for an income – and possibly with little else to do, at present – are enticed back into what is merely the latest in the nation’s rolling series of mania and speculative booms.
17-07-18 Relatives Just how out of line is the US stock market v-a-v its peers? Versus bonds? And what about commodities? Can things run on as they are or is it time to start thinking about a major re-allocation?Please click the link (in bold) to launch the video