China's market slide is going exactly as badly as it looks

China's market slide is going exactly as badly as it looks

The MSCI China Index lost as much as 2.1% on Thursday the 18th, bringing its total drop to 20% from its October 2 peak. Alibaba and Tencent were the largest drags on the index.

Gobble's Take: When the biggest names lead the way down, everyone else just follows politely. Source: Asian Marco Initial Thoughts: Japan inflation data in focus as Yen ...

The multipolar world is here, and everyone has stopped pretending it isn't

Morgan Stanley's geopolitical discussion frames the broader shift as a data point on a longer-running trend, with the destination being a de-risked, more multipolar world. Energy fragmentation, tech fragmentation, and shifting geopolitical power overlaid with access to raw materials and natural resources are all part of the picture. Latin America gets a specific mention, as does the possibility of a Monroe Doctrine renewal.

Gobble's Take: The old world had one lane. The new one has many — and the road markings are still being painted. Source: Geopolitical Shifts: Rewiring Global Trade - Morgan Stanley

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