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WCHN - Nothing Good From A Chinese Industrial Recession
WisdomTree ICBCCS S&P China 500 Fund
October 2017 continues to show up as the most crucial month across a wide range of global economic data. In the mainstream telling, it should have been a very good thing, a hugely positive inflection. That was the time of true inflation hysteria around the globe, though it was always presented as a rationally-determined base case rather than the unsupported madness it really was.
That was the month the real recovery was supposed to have started. Instead, we can now plainly observe how it was the exact wrong kind of inflection point back toward the