U.S. Market Downside and the Negative Correlation with China A-shares

Investors should take a serious look at A-shares for the decoupling

“My best guess is that we’re six months into a bear market. For those tactically trading, it’s possible the first leg of that has ended. But I think it’s highly, highly probable that the bear market has a ways to run.” Stanley Druckenmiller

First, a quick update to my back-of-the-envelop calculation on the S&P downside. My forecasts haven’t changed: stil…