Global Equity Market Caps: U.S. Loses Ground to China [View article]
Don't rush to the door without your overnight pack! It all comes down to the market valuation of the stocks. The same stocks, In China, P/E is 50 to 70; in US, 15 to 20. If you equalize the valuation, there is nothing scary about the scenario! Calm down America!
Global Equity Market Caps: U.S. Loses Ground to China [View article]