The drop in China’s stock market may be the most visible sign of financial stress as equities, bonds and the currency all fell in tandem this week. The uniform driver behind all of these market moves is a tighter liquidity environment stemming from the fast-changing economic outlook in the US.
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Macroscope: Chinese Canary In A Coal Mine
- Published:
16 Dec 2016 -
Author:
Medley Global Advisors -
Pages:
4
The drop in China’s stock market may be the most visible sign of financial stress as equities, bonds and the currency all fell in tandem this week. The uniform driver behind all of these market moves is a tighter liquidity environment stemming from the fast-changing economic outlook in the US.