“We are all agreed that your theory is crazy. The question which divides us is whether it is crazy enough to have a chance of being correct. My own feeling is that it is not crazy enough.”
― Niels Bohr
Click on any chart to engorge it
Click on any chart to engorge it
Chinese Fortunes Diverge From U.S.
Since December, Chinese stocks have steadily declined, while the S&P 500 has gone pretty much straight up. Is this divergence simply a function of the Chinese Central Bank raising interest rates?
