Why China, Copper Bode Ill For Stocks, Global Economy
Chinese stocks, copper and other industrial metals failed to join the global rally that sent the U.S. stock market a hair within its record 2007 high. The underlying weakness suggests the global economy is worsening, deflation is on the way and stocks are due for a correction, investing strategists say. iShares FTSE China 25 Index (FXI) and SPDR S&P China (GXC) fell 2.2% and 1.6%, respectively, Tuesday. Both broke below their
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