George Soros Warns: Echoes Of 2008 Crash In China

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Mark Melin
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With China’s stock market once again tumbling, triggering circuit breakers that halted trading within for the second day in a row, this time within the first 30 minutes of trading, fabled investor George Soros once again has an ominous market message (even if it is slightly less dramatic than World War III). The comments come as China is struggling with its emergence as a free market player and the reality that Fed quantitative stimulus has “front-loaded” stock market valuations.

George Soros
Chart Via S&P Capital IQ

Soros warned in 2011 about Greece, a crisis that was narrowly averted, and he once again warns about China

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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.

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