May 2013 (Chinavestor) The month of April continued where March left off: surging U.S. equities and falling Chinese counterparts. In fact, the Dow Jones Industrial Average (INDEXDJX:.DJI) and the S&P 500 both reached all times highs in April and continue to show strength. All told, the Dow advanced 1.8% in April and is up 13.2% year-to-date (YTD).
In contrast, Chinese stocks fell in Shanghai sending the broad index 2.0% lower for the month. The Shanghai Composite index (SHA:000001) is off 4.0% YTD. Most of the fall is attributed to uncertain global demand for Chinese goods. The European Union, China’s largest trading partner, is in deepening recession. China’s manufacturing activity fell in April and was below forecast, sending the Shanghai Composite into a tailspin in April.
April, 2013 (Chinavestor) We have turned conservative since last November and have to admit that we did not foresee the winter and spring rallies that have propelled the Dow Jones Industrial Average ...
February of 2013 was a surprise month to us. While Chinese indexes fell for the month, the Dow continued to advance close to record levels. For the record: the Hang Seng Index (INDEXHANGASENG:.HSI) f...
February, 2012 (Chinavestor) Major world indexes continued 2013 in January where they left off last year. The Shanghai Composite Index (SHA:000001) surged 5.1% in January, more than it advanced for a...
January, 2013 (Chinavestor) The beginning of a new year is always an opportunity to assess lessons learned from the last year and to address what to expect from the upcoming one.
For the record b...
