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Friday, January 10, 2025

China Just Keeps Diving

Courtesy of Joe Weisenthal of The Business Insider

China, which has suddenly become a chief concern for world markets, continues to look sick. At least from the perspective of domestic markets.

The Shanghai Composite, which has already lost about a third of its value since late last year, is sliding once again.

chart

Meanwhile, other markets which had been getting slammed a couple of hours ago have steadied a bit. US futures are just modestly below their New York close.

 

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