Why China's slowdown hasn't slammed the stock market 🇨🇳

Growth in the world's second largest economy is faltering 🐢

China is a big deal. The country is home to 1.4 billion people. And its economy is the world’s second largest.

So it’s no surprise that news of China’s slowdown is setting off alarms.

However, this development’s impact on the stock market has been limited. The S&P 500 continues to trade within a few percentage points of its all-time high.

Do investors have it wrong? Are they in for a rude awakening when China’s slowdown starts to hit earnings in a material way?