On The One Year Anniversary Of China's Stealthy But Stunning Stock Market Rally
One year ago to the day, China’s top financial regulators and central bankers appeared together in an unprecedented press conference to unleash a raft of stimulus measures aimed at stabilizing the financial markets and support the country’s economic recovery.The decision prompted billionaire hedge fund icon David Tepper to appear on CNBC and declare that he is buying "everything" in China: ‘ETFs…futures…everything.’ In retrospect, he was right again.The market jolted higher on the following days, and over t ...