Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

My Top Stock to Buy in the China Sell-Off

TheMotleyFool

0 0

My Top Stock to Buy in the China Sell-Off

Trouble has been brewing in China as the government's crackdown on the real estate market has put the country's second-largest real estate developer, China Evergrande Group, on the verge of bankruptcy. This has spooked investors across the globe and has amplified the stock market's sell-off in September, a month that's historically considered an underperformer for the market.

The S&P 500 and the Dow Jones Industrial Average have recorded average declines of 0.5% and 0.8% during September since 1950. It has been more volatile this year as both indexes have tumbled by a bigger margin (but also recovered somewhat), with problems in China contributing to investors' panic and amplifying the volatility.