Sunday, October 21, 2018

$SPX (S&P500) vs $ASHR (China A shares)

Graph of this issue: https://pbs.twimg.com/media/Dp2yezEV4AEQrwy.jpg

US equities have been crushing Chinese equities. Below we show the performance of the S&P 500 versus the Shanghai Composite since President Trump was elected in November 2016. As of yesterday, the S&P was up 35.4%, while the Shanghai Composite was down 11.7%.

While the US has led China throughout Trump's entire term thus far, we've seen significant divergence since the US/China trade battle really began to heat up earlier this year. As US equities have rallied over the last few months, Chinese equities have fallen lower and lower.

Why do you think Chinese stocks have been hit so hard?

Are you buying Chinese stocks at these cheaper prices?



Submitted October 21, 2018 at 07:07AM by gorillaz0e https://ift.tt/2ECKZBY

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