TDF - China Is This Year's Downside Outlier For Global Stock Markets
- Shares in China continue to post sharp year-to-date losses vs. an otherwise upside bias for global stocks, based on a set of exchange-traded funds tracking the world’s major equity regions through yesterday’s close (Aug. 25).
- Some investors see opportunity in beaten-down shares, but there’s still a wide-ranging debate as the market prices in higher uncertainty driven by the vagaries of Beijing’s evolving policy agenda.
- The blowback from the change in risk outlook for China has had minimal impact on other markets in Asia, but holding a basket of stocks targeting the region has still come at a price.
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China Is This Year's Downside Outlier For Global Stock Markets