China bulls refuse to back down as market skyrockets
From money.cnn.com
The Shanghai Composite registered a jaw-dropping 52% surge last year. And just about every analyst still remains bullish and agrees the index has even more room to run. Shanghai's 2014 performance made it the best performing major global market of the year. A mere five trading days into 2015, the index is already up another 2% -- beating the S&P 500, which is down 1.6%. Experts say the market is warming up for another meteoric annual rise, fueled by elevated investor confidence that appears to be at odds with the broader economic picture. The Chinese economy is expected to post a lower growth rate yet again this ...
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