Thursday, October 21, 2010

Shanghai Composite Update

by Bill McBride on 10/21/2010 10:38:00 PM

Just an update ... it seems like the Shanghai and the S&P 500 (and oil prices too - not shown) are all moving together.

Shanghai Click on graph for larger image in new window.

This graph shows the Shanghai SSE Composite Index and the S&P 500 (in blue).

The SSE Composite index is at 2,963.50, up about 14% since late August. The S&P 500 and oil are both up about 10% over the same period.

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