While the right wing loons quake in their boots about China the Biden administration has carved out the largest advantage we have had over China in decades. A whopping $16 Trillion increase in valuation advantage generated by the Biden economy. While the US market has added $10 Trillion in value the Chinese and Hong Kong markets have lost $6 Trillion since Biden was elected.
While China struggles with structural defects in their economy the US, under Biden’s leadership, has vaulted the economy forward and is demolishing the Chinese. Imagine what Bidenomics will do with four more years!
Using a yahoo link so those without a subscription to Bloomberg can read:
(Bloomberg) -- Chinese stocks just capped another dismal week, with a gauge of mainland firms listed in Hong Kong languishing at the bottom of global equity index rankings for the year so far.
The Hang Seng China Enterprises Index has already lost 11% in 2024. Coming after a record four-year losing streak, the slump is reinforcing a structural shift that’s seeing everyone from active money managers to passive funds turn their back on the world’s second-largest stock market.
In all, some $6.3 trillion has been wiped out from the market value of Chinese and Hong Kong stocks since a peak reached in 2021, underscoring the challenge that Beijing faces as it seeks to arrest a decline in investor confidence. Authorities have ruled out the use of massive stimulus to revive the flagging economy, leaving traders wondering when things will improve.
US Market Value:
While China struggles with structural defects in their economy the US, under Biden’s leadership, has vaulted the economy forward and is demolishing the Chinese. Imagine what Bidenomics will do with four more years!
Using a yahoo link so those without a subscription to Bloomberg can read:
China’s $6.3 Trillion Stock Selloff Is Getting Uglier by the Day
(Bloomberg) -- Chinese stocks just capped another dismal week, with a gauge of mainland firms listed in Hong Kong languishing at the bottom of global equity index rankings for the year so far.Most Read from BloombergPutin Orders Hunt for Property of Russian Empire, Soviet UnionS&P 500 Hits...
finance.yahoo.com
(Bloomberg) -- Chinese stocks just capped another dismal week, with a gauge of mainland firms listed in Hong Kong languishing at the bottom of global equity index rankings for the year so far.
The Hang Seng China Enterprises Index has already lost 11% in 2024. Coming after a record four-year losing streak, the slump is reinforcing a structural shift that’s seeing everyone from active money managers to passive funds turn their back on the world’s second-largest stock market.
In all, some $6.3 trillion has been wiped out from the market value of Chinese and Hong Kong stocks since a peak reached in 2021, underscoring the challenge that Beijing faces as it seeks to arrest a decline in investor confidence. Authorities have ruled out the use of massive stimulus to revive the flagging economy, leaving traders wondering when things will improve.
US Market Value:
Total Market Value of the U.S. Stock Market
The total market capitalization of the U.S. stock market is currently $55,253,720.4 million (or $55.2 trillion), (July 1st, 2024). The market value is the total market cap of all U.S. based public …
siblisresearch.com
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