You are here

No sign of China's calm, stable Goat year so far

We remain in a period of financial repression where growth is low and fragile, and where investors still need to accept a level of risk to generate returns from their savings.

The equity markets have fallen so quickly that they are known as "oversold" which would suggest they can soon stabilise while players reflect on what has happened. This process and a bounce would not mean that everything is okay and investors could safely buy the dip as previously.

WE wake up to headlines of "Black Monday" - now also referring to Aug 24, 2015 - as equity markets continued to fall explosively after a poor week last week.

Over the weekend, market expectations had been high that the People's Bank of China would offer additional market support on top of