Why the Latest Stock Rally in China is a Dangerous Trap
Why the Latest Stock Rally in China is a Dangerous Trap
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Last week, China’s stock market outperformed all other major markets with a double-digit surge, following Beijing’s aggressive stimulus plan. Chinese investors are proclaiming that a bull market has finally arrived, and even some Wall Street investors are developing a FOMO (fear of missing out) syndrome over Chinese stocks. However, this may be the Chinese stock market’s “last hurrah,” a prelude to a financial tsunami similar to the 2015 crash. Beijing’s stimulus plan is nothing more than a grand scheme to use private citizens’ wealth to buy the regime more time. Retail Investors: This could be your last chance to exit before a bigger storm arrives.
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