China's GDP is (was) around 10%. So Surely you cant compare the Shanghai Composite with the DOW or XAO.
So I got a different opinion...
The Shanghai Composite and Hang Seng are falling because China has effectively stopped exporting.
The BDI is falling because China has effectively stopped importing.
Conclusion: Another big economic engine is out. We are effectively gliding along in a jumbo. Which works for a little while until gravity takes effect!
PS I suggest keeping one eye on metal prices and the other eye on the stockpiles.
China's GDP is (was) around 10%. So Surely you cant compare the...
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$41.49 |
Change
-0.150(0.36%) |
Mkt cap ! $212.3B | |||
| Open | High | Low | Value | Volume |
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| 3 | 1027 | $41.49 |
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| BHP (ASX) Chart |