Why China’s Stock Bubble Isn’t Ready to Burst

It's been five months of listlessness for the U.S. stock market as a bevy of concerns weigh on the bulls, from the specter of Federal Reserve interest rate hikes to the situation in Greece and ongoing disappointment with the economic data. Compare that to the action in China, where the Shanghai Composite is in the midst of an epic rally fueled by cheap money and a massive expansion of margin lending by brokerages.