July 5, 2015

Don't Look Now But . . . China?

(Steven Hayward) While everyone was getting on their Great American Barbecue yesterday for the July 4th holiday and awaiting the Greek referendum today, the Chinese stock market was crashing again. It's down 12 percent over the last week, almost 30 percent in the last month. Tyler Cowen is on it, with a simple message: Greece is small; China is large. Uh oh. From behind the FT's paywall: The Shanghai index is firmly

Source: Power Line