Say whatever you like about Greece, at least their stock market is performing better than… China’s.
The chart below shows the year-to-date return of Greece’s Athex Composite and China’s Shanghai Composite. You are welcome to draw your own conclusions as to why the stock market of an economy which is supposedly "growing really fast" is performing even worse than the stock market of an economy which is supposed to be in a multi-year depression.
Source: Capital IQ
This article originally appeared here: Greece’s equities are doing better than…
Also sprach Analyst - World & China Economy, Global Finance, Real Estate
Read more posts on Also Sprach Analyst »
Please follow Money Game on Twitter and Facebook.