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it’s important to keep this week’s news in perspective. One reason markets are getting so much attention right now is because this has been the “worst-ever start of the year, ow China — China is real news. On Tues, China announced that its gross domestic product had grown 6.9 percent in 2015, which in line with the government’s target of “about 7 percent” growth, but still represented the country’s slowest growth in a quarter-century. that what wer have get from stock market newsletterPessimists argue that China’s breakneck growth, at least in recent years, wasn’t just unsustainable — it was a mirage. They say the government propped up the boom through massive overinvestment Everyone does agree that a slowdown in China was inevitable and that ’s report served as confirmation that it has begun. That’s bad news for the global economy, which has relied on China as its primary engine of growth since the Great Recession. If the optimists are right, China will no longer play that role, but it won’t necessarily turn into a drag on other world economies, either. If they’re wrong — well, the markets gave a disturbing preview of that scenario this week.
stock investment newsletters stock market newsletter It seems almost sacrilegious to point this out at a time when the rest of the investment community is fawning over Buffett’s latest letter, released over the weekend. But, far from being unique, Buffett’s is part of a long investment-letter tradition.
How far back does that tradition extend? In the U.S., it dates at least to the 1800s. The Wall Street Journal itself began as in 1883, when Charles Dow and Edward Jones inaugurated “The Customer’s Afternoon Letter.” Dow and Jones changed their service’s name to Wall Street Journal in 1889. (Dow Jones also is the publisher of MarketWatch.)
This is more than just a historical curiosity. Of the 200 whose performance is monitored by the Hulbert Financial Digest, no fewer than 10 have outperformed Buffett over the past 15 years — since the top of the Internet bubble, in other words.