Wednesday, July 28, 2021

The remarkably resilient stock market

The Chinese markets panicked on the news of government crackdowns on technology and education companies. As well, Beijing has been working to restrict the flow of credit to property developers in order to stabilize real estate prices. In reaction, foreigners have been panic selling Chinese tech on high volume.

Despite all of this carnage, the S&P 500 has been remarkably resilient.

The full post can be found here.

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