China Credit Concern Rises Again

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Mark Melin
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China credit concern, once heard at a fever pitch, have been dulcet for much of 2016. Looking at bond defaults, for instance, they dropped noticeably for much of the summer and fall. But concerns are once again on the rise in the planned economy, a Goldman Sachs report notes as it reiterates a recommendation not to hold Chinese debt. Goldman’s concern mirror similar regional concerns raised by Morgan Stanley, as reported in ValueWalk. Also see China’s $34 Trillion Experiment Is Blowing Up China credit concern increased after rapid interest rate boost Perhaps it was the calm before the storm. After several…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.