According to the Chinese Zodiac, 2015 is the Year of the Goat, supposedly a calm, uneventful year. Yet, with the 40% drop in the Chinese stock market, the country’s consumers and investors are anything but calm. The turmoil in the world’s second largest economy has put the entire world on edge. The question is whether the financial panic that began in Shanghai and encompassed global stock markets is real, or just short-term emotional reaction to volatility expected from an emerging equity market.
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