Market & Investments |
5 MINS
October 4, 2024

Facts Vs Feelings Take 5 – Why Stocks in China Soared

Video by Carson
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Latest news out of China: Their stocks recently soared around 25% over five days. How could this affect the US stock market and economy? Carson Group’s Chief Market Strategist Ryan Detrick and VP, Global Macro Strategist Sonu Varghese share their insights.

Highlights include:  

  • US stock market returns have been strong to date 
  • The S&P 500 has been up 8 out of the first 9 months of 2024 
  • We still believe we’re in a bull market 
  • Chinese authorities have made a series of announcements to help spur market growth and boost their stock market 
  • Markets liked what they heard in relation to the Chinese government’s announcements 

 

Looking for more investment insights and market analysis? Visit our Insights page today. Then, follow us on your favorite social channels to join the conversation and be the first to know about the latest news and events. 

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Facts Vs Feelings Take 5 – Why Stocks in China Soared

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