May
16
Goldman Builds China Financial-Stress Index – and It’s Risen
By-
Equity market showing less strain than other components
-
Economic growth hit can be limited if stress dissipates fast
With China’s leadership focused anew on curbing the economy’s leverage, Goldman Sachs Group Inc. analysts are rolling out a new gauge of stress in the country’s financial markets.
With corporate bond sales being canceled, stocks sliding and government debt yields climbing in recent months, it’s no surprise that the measure shows an increase in strain. But the financial-stress index, or FSI, has dropped from the recent high in late 2016 and early 2017, and might not necessarily translate to weakness in the economy, Goldman analysis showed…
Goldman Builds China Financial-Stress Index – and It’s Risen
