I checked 2 sectors that the US is large in China, to see if the market correction is effecting them and something interesting popped up.
Major US cars were down for the Q, 13 to 8%; the rich are scared over there.
Major US restaurants to were up for the Q, McD's 1% to Domino's & Yum 13%. The middle class could care less.
LOL
Oh yea Tesla motors is up 22% and the only car manufacturer that is green; (not counting blue bird the Bus company) of all China, Japan, India, UK, & US manufacturers. Guess the uber rich know something others don't.
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