Hickey and Walters (Bespoke ) submit:
The S&P 500 is up 2.70% year to date, but China's Shanghai Composite is down 9.16%. As shown in the chart below, the Shanghai Composite made its bull market high back in August 2009. The index is currently 14% below that level, while the S&P 500 just made a new bull market closing high last week. The two indices have really diverged in recent weeks. US stocks have come roaring back from their lows on February 8th, but China has pretty much been dead money.click to enlargeComplete St...