WILL CHINA LEAD US OUT?

China was the growth engine of the 2003-2007 bull.   Their market was the first to deteriorate substantially and now, after a 73% peak to trough decline, the Hang Seng is showing signs of stabilizing after a series of higher lows.

Many investors believe the U.S., being the epicenter of the storm, will lead  us out, but I don’t think so.  I think China will be the first to recover and the U.S. will lag.

About Post Author

Cullen Roche

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.

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