China is no stranger to stock market bubbles

The on-going “excitement” about China and stock market bubbles has everyone in a tizzy. A little over a month ago, I was surprised to notice that the Shanghai composite index had doubled within a year! China Composite Index up 49% YTD. 1 year return of 136%! What’s behind the craziness? https://t.co/pPXQE28FKD — The Calm Investor (@CalmInvestor) June 1, 2015 Sure enough, Chinese stocks have corrected dramatically over the last few days, but one year returns still stand at close to 90%, compared to much more modest returns for the Nifty (India), S&P500 (U.S) and Dax (Germany) Zooming out five years,

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