China is much in the news of late.  Talk of the country’s growing economic heft is hard to escape.  However until recently its stock market was no great shakes.  Indeed compared to the rest of the BRIC countries since the market bottom in March 2009 the Chinese stock market has been a notable laggard.  Performing more in line with the US stock market.

Now that the Shanghai index is moving up once again how should we interpret it?  Some say China serves as a leading indicator of the US market now.  This might very well be the case, but Michael Pettis warns us that the Chinese stock market is still very much a work in progress.  Therefore reading too much into China’s stock market moves may be counterproductive.  In today’s screencast we look at the world’s third largest stock market.

Posts mentioned in the above screencast:

China climbing the charts.  (Abnormal Returns)

A bull market in…China?  (Bespoke)

Comparing the BRIC markets.  (StockCharts)

China continues to forecast a strong US equity environment.  (Pragmatic Capitalism)

The Shanghai market isn’t really predicting anything.  (China Financial Markets)

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Please see disclosures here.

Please see the Terms & Conditions page for a full disclaimer.