U.S.-Chinese Market Correlation (Or Lack Thereof...)
We were surprised here at out Kruse Asset Management office when we heard CNBC announce today that our domestic stock market had ceased to be in correlation with China. This is what we were saying at the time of the downturn, as highlighted in the article posted on our website: Taking A Closer Look At The Market Downturn. A comparison between the S&P 500 and Shanghai Composite Index from the start of 2012 to the end of August 2015. "As can be seen by the graph above, despite