Friday, June 19, 2015

A Very Bad Week On The Shanghai Stock Exchange

How bad was it?
From Kimble Charting Solutions:

Shanghai Index- 8th worst weekly decline in its history!
Joe Friday Just The Facts… The Shanghai index has had a rough week, down 13.32%. This was the 8th worst weekly decline in the past 25-years.

Any reasons this could be happening? Below looks at the Shanghai index over the past 20 years



June 7 
"Shanghai Pushes To A New Post-2008 High While Hong Kong Languishes"
April 13
Please, For The Love Of God and All You Hold Dear, Give BlackRock Some Liquidity! (CNYA)