As U.S. Bull Market Powers Ahead, Rest of World Is Left Behind
Aug. 22, 2018 7:54 a.m. ET
The divergence between the U.S. and the rest of the world has grown more stark this year. U.S. economic growth hit its fastest pace in nearly four years in the second quarter and earnings are soaring.
“This has been a period of rapid profit growth that has pretty much outstripped any other period in U.S. economic history,” Ms. Anderson said.
That has helped U.S. markets pull away from the rest of the world, something many investors say could continue.
https://www.wsj.com/articles/as-u-s-bull-market-powers-ahead-rest-of-world-is-left-behind-1534938880
And what about China? Making inroads into Eastern Europe, Africa and our own backyard, Latin America. Buying up car manufacturers, loaning money to European nations and companies. Seems this is the Chinese Century
Glad you asked:
What’s Eating China’s Stock Market? EverythingAs the American stock market stages its longest bull run in history,
investors in China can only look on with envy.
In preparation for a lengthy trade war with the U.S., Beijing has shifted back to a pro-growth stance. The People’s Bank of China revived a measure to support the weakening yuan, while the Ministry of Finance is ready to build infrastructure again. An income-tax cut for the middle class is back on the table.
Yet nothing seems to lift investors’ mood. China’s stock market remains Asia’s worst, with the benchmark Shanghai Shenzhen CSI 300 Index underperforming the S&P 500 Index by close to 30 percentage points for the year.
https://www.bloomberg.com/view/articles/2018-08-29/china-s-running-out-of-lifelines-for-sagging-stocks
