{"id":546522,"date":"2010-04-28T13:37:43","date_gmt":"2010-04-28T17:37:43","guid":{"rendered":"http:\/\/www.businessinsider.com\/chinas-market-selloff-spells-more-than-just-trouble-for-us-stocks-2010-4"},"modified":"2010-04-28T13:37:43","modified_gmt":"2010-04-28T17:37:43","slug":"chinas-market-selloff-spells-more-than-just-trouble-for-us-stocks","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/546522","title":{"rendered":"China&#8217;s Market Selloff Spells More Than Just Trouble For US Stocks"},"content":{"rendered":"<p>Yesterday <a href=\"http:\/\/www.businessinsider.com\/the-stock-markets-new-obsession-is-shanghai-a-leading-indicator-2010-4\">we pointed out the growing fixatio<\/a>n with with the correlation between Chinese equities and US equities. The question on everyone&#8217;s mind is: Does the decline in the Shanghai Composite foretell a similar decline here?<\/p>\n<p>Our conclusion is that you needed more data to answer the question.<\/p>\n<p>We still do, but while we&#8217;re looking at the question, here&#8217;s another angle. Chinese stocks have also acted as a leading indicator for commodities as this <a href=\"http:\/\/www.gluskinsheff.com\/\">David Rosenberg chart<\/a> (via <a href=\"http:\/\/pragcap.com\/is-china-forecasting-a-decline-in-commodity-prices\">PragCap<\/a>) shows nicely.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bd871fa7f8b9a7459300400\/chart.png\" border=\"0\" alt=\"chart\" \/><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/chinas-market-selloff-spells-more-than-just-trouble-for-us-stocks-2010-4#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/the-stock-markets-new-obsession-is-shanghai-a-leading-indicator-2010-4\">The Stock Market&#8217;s New Obsession: Is Shanghai A Leading Indicator?<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/chinas-nonexistant-rebalancing-act-2010-4\">China&#8217;s Much-Vaunted Rebalancing Is A Joke<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/australian-property-boom-2010-4\">Here&#8217;s A Property Boom That Makes A Mockery Of America&#8217;s (And It&#8217;s Not China)<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/Stj0O3KOkLs\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday we pointed out the growing fixation with with the correlation between Chinese equities and US equities. The question on everyone&#8217;s mind is: Does the decline in the Shanghai Composite foretell a similar decline here? Our conclusion is that you needed more data to answer the question. We still do, but while we&#8217;re looking at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-546522","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/546522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=546522"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/546522\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=546522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=546522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=546522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}