China’s Stock Bubble Complication

By |2015-07-02T10:26:57-04:00July 2nd, 2015|Economy, Federal Reserve/Monetary Policy, Markets|

The Shanghai Composite Index for shares on China’s somewhat stock market peaked on June 12, a Friday before a weekend in which every major analyst and China-watcher expected the PBOC to unleash rate cuts. It wasn’t a very good week in terms of economic data for China, which is likely why the call-to-action for the PBOC was nearly universal. For [...]