Interesting article from Jake van der Kamp of the South China Morning Post nicely summarised by these graphs, well worth the read. On the basis that a stock market reflects its economy there is some discrepancy so all might not be lost over the longer term. As with any overview/generalisation there are, of course, a number of issues particularly valuation and political ones so punters need to be careful but it does look like stockbrokers and investment bankers will do well either way!