Capital Economics: Stock Market Performance Drivers Will Change

The core performance drivers of U.S. stock prices are set to change, says research this morning from Capital Economics, as the report parrot’s the establishment line that China was all to blame for the recent stock market sell-off.

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Capital Economics: China is to blame for U.S. stock sell-off, ignores any meaningful discussion of Fed rate hikes

The stock market is likely to put behind it the negative influence that China represents, as what is likely to trip up stocks over the near term will be slowing corporate earnings growth, the report suggested. Once it becomes apparent China’s economy won’t be “collapsing,” focus might be expected to...