Experience Stern | News & Events

Excerpt from Bloomberg -- "In China last week, two things I heard... First, it was the notion that the run-up in Chinese stocks was completely disconnected with general sentiment in the Chinese economy, which has been very stable, decreased in growth, but nothing that people are overtly concerned about in the near term. There's actually an enormous amount of confidence in China about the leadership and about the structural developments happening in the economy, and I saw that across the board. I saw that from elites, I saw that from party officials, I saw that from rank and file. But people in the Chinese market, the typical investors, they're not there for years or even months; they're there for weeks."

Watch the video