Has China Reached Its Bear Stearns Moment?
We believe China has reached its Bear Stearns moment and that the U.S. is about to relive the Lehman Brothers version. Last month marked the six year anniversary (week of March 17, 2014) of the Bear Stearns collapse and with it came talk of a new world wide stock market bubble that is intensifying. There are three areas that make us question the price of most assets and wonder if they are on the high side of fair value. Extreme...
View full press release