The Chinese equity markets have continued to diverge from U.S. markets and U.S markets have continued to ignore the action in what I believe has become an important leading indicator of global economic growth. ISI Group’s Head of China Research, Don Straszheim, believes China is at risk of a substantial second half slow-down. The Chinese equity markets are clearly worried as well as the 10% rebound seen in other global markets failed to materialize in China over the last few weeks.
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.