Chinas stock market is in a freefall but what's crazy is the US markets might not be far behind.
There's a lot of things pointing to a heavy recession building for the middle to end of this year. Something the powers that be keep pushing off with injections of funds which are quickly catching up and will most likely make the crash even harder.
What are you thoughts?
I think that China’s capabilities are underestimated due to internal discipline, and what is happening in the USA is quite natural and there is no handbrake that could stop it in the near future :)
The stock market has nothing to do with the economy. It is all capital flow.
The US markets are going to hold up (better than others) since we are heading towards (in) war. That means the flight to safety.
To global investors, that is the USD denominated assets. Chinese money, that can get out, is.
I think their real estate market crash is causing this freefall.