Cartoon of the Day: Crash In China

06/26/18 05:04PM EDT

Cartoon of the Day: Crash In China  - 06.26.2018 China cartoon

We've been warning investors to avoid China since June 2017. 

From today's Wall Street Journal:

China’s main stock benchmark has entered a bear market, the latest gloomy sign for the country alongside escalating trade tensions with the U.S., a tumbling currency and recent data that suggest its growth is softening.

The Shanghai Composite Index closed at 2844.51 on Tuesday, down 0.5% on the day and 20.1% below a two-year high reached on Jan. 24. A bear market is normally defined as a 20% drop from a recent high.

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