Greece’s equities are doing better than…
20 November, 2012, 20:14. Posted by Zarathustra
Say whatever you like about Greece, at least their stock market is performing better than… China’s.
The chart below shows the year-to-date return of Greece’s Athex Composite and China’s Shanghai Composite. You are welcome to draw your own conclusions as to why the stock market of an economy which is supposedly "growing really fast" is performing even worse than the stock market of an economy which is supposed to be in a multi-year depression.
Source: Capital IQ
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About Zarathustra
Zarathustra: Founder and Managing Editor of Also sprach Analyst. Once an analyst, now an investor and entrepreneur. Based in Hong Kong, but Londoner at heart.