Pulp Nonfiction

Well, looks like the paper industry in China and Indonesia is in the sights of NewPage and their ilk in the US. WSJ link here. Looking at the performance of Chalco, Maanshan Iron and Steel and Nine Dragons Paper (NDGPF.PK) it would appear that this may be the one reasonably solid theme I can think up this quarter. So far, so good.

For those of you who are more futures / commodities oriented and not into single stock shorts and the like it might be worth a look at pulp futures as per below:

or the like of Gunns in Australia. Much maligned as the forestry industry has been, the dividend yields are not bad, and in the event of China being shut out of the US market things could get very interesting indeed.

This is some more stuff that falls under the aegis of "getting paid to wait". Given that I'm not entirely sure where we go from here, trades like these look a lot more interesting than chasing the market based on Goldman-nomics.