Here’s why I think sharemarkets are over-reacting to what’s been happening in China recently:
As the adage goes ‘may you live in interesting times’. In recent months this is unquestionably true as the world grapples with a set of dynamics that are indeed proving to be challenging in the short term.
From a share market perspective, we certainly are living in volatile times.
In the past quarter, there have been a number of geopolitical and economic events that have shaped our current investing environment.
In the shorter term, there have been a number of events that have ‘spooked’ markets and resulted in share markets in particular being driven largely by investor sentiment rather than longer term fundamentals.
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