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Joe Weisenthal: American financial assets have outperformed China since 2004

Joe Weisenthal: American financial assets have outperformed China since 2004
U.S. financial assets outpace China

Joe Weisenthal, executive editor of news for Bloomberg Digital at Bloomberg L.P., observes that although the Chinese economy has outgrown the U.S. by nearly any metric since 2004, American financial assets have significantly outperformed their Chinese counterparts during the same period.

Weisenthal points to consistent outperformance in U.S. financial markets compared to Chinese markets, despite stronger overall economic growth in China.

Weisenthal has recently reported that PIMCO is facing an 85 percent loss on a AAA-related Philadelphia office bond. He also noted that the Odd Lots Discord now has over 14,000 members who discuss markets, finance, and economics. These reports follow his ongoing coverage of notable market developments.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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