Chinese Markets Ripped On Misguided US Fed Policy Stance |
July 27, 2015 | July 2015 Bond Updates |
Chinese markets were down almost 9% today as worries about a September hike in US interest rates, the Fed meeting this week, growing concern about their own economy slowing down thanks to Fridays PMI data there and profit-taking led to the worst one day decline in over 8 years. |
View more at: http://www.forbes.com/sites/jaysomaney/2015/07/27/chinese-markets-ripped-on-misguided-us-fed-policy-stance/ |
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