How the Russell 2000 brushed off events in China to set up a period of outperformance How the Russell 2000 brushed off events in China to set up a period of outperformance
Tony Sycamore July 30, 2021 5:30 AM
The last day of the trading month is upon us, finishing off a busy week that included earnings from “Big Tech” stocks, important US economic updates, and a stomach-churning ~10% fall in Chinese stock indices. Share:
A fall of this magnitude in Chinese stocks would have flowed through into other regional capital markets in days gone past. One of my best days of trading ever was pre the GFC while part of the proprietary trading team at Goldman’s in Sydney after a 10% fall in the Shanghai Composite.
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