Bloomberg (August 24)
“China’s economy is being strained by US tariffs and a deep-rooted property crisis, yet stocks are extending their bull run — a disconnect that’s stirring doubts on the rally’s staying power. In just the past month, onshore stocks have added almost a trillion dollars to their market value, the Shanghai Composite Index has hit a decade-high and the CSI 300 Index has taken its advance from this year’s low to more than 20%. That’s when nearly every recent economic indicator — from consumption trends, home prices to inflation — has brought red flags for investors.”
Tags: Bull run, China, Consumption trends, CSI 300, Disconnect, Doubts, Economic indicator, Economy, Home prices, Inflation, Investors, Market value, Property crisis, Rally, Red flags, Shanghai, Staying power, Stocks, US tariffs
Wall Street Journal (April 28)
“The Magnificent Seven drove the stock market’s bull run. Now, their bruising losses pose a new test for markets.” Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla “helped fuel a gangbusters rally that lifted stocks out of the 2022 bear market and toward dozens of all-time highs,” with their shares reaching “eye-popping levels.” Now, however, “the Magnificent Seven are off to their worst start to a year since the 2022 slide,” with each stock falling over 6.5%, collectively destroying “$2.5 trillion in market value.”
Tags: $2.5 trillion, 2022, Alphabet, Amazon, Apple, Bear market, Bruising, Bull run, Eye-popping, Gangbusters, Losses, Magnificent Seven, Meta, Microsoft, Nvidia, Rally, Stock market, Tesla, Value
Financial Times (August 25)
“The US stock market this week reached twin landmarks: an all-time high, and the longest bull run in history. Yet it is shrinking…. The tally of listed domestic companies in the US has almost halved from 8,090 in 1996 to 4,336 last year.”
Financial Times (January 4)
Whether “Abenomics remains a relevant force…may depend heavily upon the performance of the Nikkei 225 Average over the next six weeks.” If the “huge dip that savaged the benchmark” last year during the same period can be avoided, many analysts believe “we may be looking at a market with enough foreign buying and other support to sustain the current bull run.”
Tags: Abenomics, Analysts, Benchmark, Bull run, Dip, Foreign buying, Market, Nikkei 225, Performance, Relevant force, Support
