One Country, Many Reasons

From a Western perspective, many things about China are hard to understand.  For example, a communist government with a market economy, or the "one country, two systems" arrangement between Hong Kong and the mainland. The Chinese stock market is even more confounding.   Quotes flash red on upticks and green on downticks.  There are more share … Continue reading One Country, Many Reasons

Full Swing Voting

Following a choppy third quarter, global markets have made a comeback.   Since October 1, the S&P 500 and EAFE have both rebounded over 5%, and emerging markets have bounced by more than 8%. Strangely enough, the same fears that stoked the sell-off also seem to be fueling the rally.  Investors who disliked the uncertainty … Continue reading Full Swing Voting