Monday, September 17, 2018

Wi Gu Wong Wei: China stock markets are down big since their 2015 highs

Shanghai is down 48.7% from its 2015 high.

Hong Kong is down 6% from its 2015 high.

Meanwhile the broadest measure of US stocks, the Wilshire 5000, is up 33.6% tonight from its 2015 high. Its total stock market capitalization currently represents about $36 trillion, up about $9 trillion in the last three years.