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You won’t see another short squeeze this violent for a very long time. The Market Ear.
Beyond parabolic
The CSI 300 is up some 27% from recent lows. We have a hard time remembering when an index went from trading way below the 200 day moving average, to way above it. Beyond impressive.
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.