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The Shanghai Composite? It is up another +2.4% this morning to +36% year-to-date (a new high). My, oh my… And, get this, China is up +92% since growth and inflation really started to slow in October of 2014!

Meanwhile, observe the *Record* weekly gain in Chinese stock brokerage accounts opened this week. 3,250,000 accounts were opened (per Sina.com.)

No issues here. This will all end really well. Move along.

The Global Central Planning Circus (China Edition) - y77

Editor's Note: This is an excerpt from Hedgeye morning research today. Click here for more information and how you can become a subscriber.